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pls help with the missing journal entrys Instructions On July 1 Year 1. Khan industries in mod 526,600,000 of 10 year, bonds at a marketective
pls help with the missing journal entrys
Instructions On July 1 Year 1. Khan industries in mod 526,600,000 of 10 year, bonds at a marketective interest rate ofrece ving cash of $24.860.872. Interest on the bonds payable mulyo December and June 30. The focal year of the company is be calendar year Required: 1 Journale se entry to record the amount of cash proceeds tem ne usuance of the bonds 2. Journal entries to record the following a. The first manual twed payment on December or war, and the amortization of the sand dracount, uning the interest method Round to the nearest dollar The newest payment on June Yar 2 and the monteration of the band discount, uning the interest method Roond to the nearest dolta Den the open for at to that of accounts for the arc wording of the account on CNOW una co no se lines for ouma enton very in on a pour page tood for not or credentes Crow punes net automatically desacredt entry when a crear amount as entered Chart of Acco Journal Shades cels have feediack. X 200 LE LAUTID POSTRE WICH Danton Bordi Pla Bon 09.172.00 11017100 MOOD the band dacounting the method of cours 24 Journalize the stary to record the first semiannual interest payment on December 31, Yeart and the amortization of the band discount using the interest method Refer to the chart of accou for the exact wording of the account toes, CNOW]ournals do not use lines for oumal explanations Every ine on a jouma/ page is used for debe or credit endres CNOW journals will automaticam Indarta credt entry when a credit amount is entered Round to the nearest dollar. Maar die seedlook! PAGE 10 JOURNAL Score 237 ACCOUNTING EQUATION POSTRE CREDIT ASSETS LAUT TO TY DETE DESCRIPTION Decret pense Discount on Bonds Payable Carth 1.119.144.00 21. Joumate the entry to record the interest payment on June 30 War 2, and the amortization of the bond discount going the interest method. Refer to the chart of accounts for the exact wording of the account bles. CNOWjoumais do not use ines for journal explanations Every ine on a journal page is used for ondt or godt entries CNOW pumals wir automatically indent a credit entry When a credit amount is entered Round to the nearest dostar. How does codis work! morto JOURNAL Score: 28/37 ACCOUNTING EQUATION DESCRIPTION DEE CROIT ASSETS UTES TOUTY DATE Sun 30 Wrest Expense 2121.676,00 Discount on Bonds Payable Cah Step by Step Solution
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