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Please answer part d ) Prepare the journal entry to record the acerual of interest and the amortization of the discount on December 3 1
Please answer part d
Prepare the journal entry to record the acerual of interest and the amortization of the discount on December Credlt account tilles are automatically indented when the amount is entered. Do not indent manuallx If no entry Is required, selecx No Entry" the account tilles and enter O for the amounts. Ust all debit entries before credit entries. Round onswers to dedimol places, esJ
On January Vaughn Corporation issued $ face value, year bonds at $ This price resulted in an effectiveinterest rate of on the bonds. The bonds pay annual interest, each January Vaughn has a calendar year end.
a
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Prepare the journal entry to record the issue of the bonds on January Credit account titles are automaticolly indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List debit entry before credit entry.
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