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please do all Current Attempt in Progress Ivanhoe Company issued $430,000 of 10%, 15-year bonds on January 1, 2017, at face value. Interest is payable
please do all
Current Attempt in Progress Ivanhoe Company issued $430,000 of 10%, 15-year bonds on January 1, 2017, at face value. Interest is payable annually on January 1 Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not Indent manually) Date Account Titles and Explanation Debit Credit Jan. 1. 2017 e Textbook and Media List of Accounts Prepare the journal entry to record the accrual of interest on December 31, 2017. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually Account Tities and Explanation Debit Credit Date Dec 31. 2017 eTextbook and Media List of Accounts Prepare the journal entry to record the payment of interest on January 1, 2018. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1. 2018 eTextbook and Media List of Accounts Prepare the journal entry to record the redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded. (Credit account titles are automatically indented when amount is entered. Do not Indent manually) Date Account Tities and Explanation Debit Credit Jan 1 2032 eTextbook and Media List of Accounts Step by Step Solution
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