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pls answer quick c. Journalize the payment of cash interest on December 1,2020. d. Journalize the payment of the bonds at maturity (give the date).
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c. Journalize the payment of cash interest on December 1,2020. d. Journalize the payment of the bonds at maturity (give the date). Suppose HSBC issued a foulyear $13,000 bond wer a stated interest rate of 5.50% when the market interest race was 521%. Assume that the accounting year of HSBC ends on November 30 . Journalse the following vransactions, induding an explanation for each entry a. Issuance of the bond payable on June 1,2020 b. Accrual of interest expense on November 30,2020 (rounded to the nearest dollar) c. Payment of casi interest on December 1,2020 d. Payment of the bonds at maturity (gre the date) 2. Journake the issuance of the bond poyable on June 1, 2020. (Record detits first, then credits. Enter explanations on the tast line.) c. Journalize the payment of cash interest on December 1,2020 . b. Journalize the 2020 (rounded to the nearest dollar). \begin{tabular}{|c|} \hline Date \\ \hline Nov. 30,2020 \\ \hline \end{tabular} c. Journalize the Accounts Payable Accounts Receivable Bonds Payable Bonds Receivable Cash Interest Expense Interest Payable Interest Receivable d. Journalize the payment of the bonds at maturity (give the date) Step by Step Solution
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