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PLEASE SHOW ALL WORK :) Question 21 30 pts Prepare the journal entries for the following transactions of Levin Corporation. (Don't worry about the formatting
PLEASE SHOW ALL WORK :)
Question 21 30 pts Prepare the journal entries for the following transactions of Levin Corporation. (Don't worry about the formatting for your answer here on Canvas. Explain which accounts are debited/credited and for how much, and then show the journal entry in its proper format in the work you submit.) January 1, 2021: Levin Corporation issued $200,000 of 6%, 4-year bonds at 95. Levin Corporation will pay interest annually on January 1. December 31, 2021: Record interest for 2021. January 1, 2022: Payment of interestStep by Step Solution
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