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Price Company issued a $400,000, 12%, ten-year bond payable at face value on January 1, 2024. Interest is paldsommely on January 1 and July 1

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Price Company issued a $400,000, 12%, ten-year bond payable at face value on January 1, 2024. Interest is paldsommely on January 1 and July 1 Requirements 1. Journalize the issuance of the bond payable on January 1, 2024 2. Journalize the payment of semiannual interest on July 1, 2024 Requirement 1. Journalize the issuance of the bond payable on January 1, 2024 (Record debit first, the credits Select explanations on the last Tive of the jour entry) Date Accounts and Explanation Debit Credit 2024 Jan 1 Choose from any list or enter any number in the input fields and then click Check

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