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Problem 9.5B (Algo) Record bond issue and related interest (LO9.5) [The following information applies to the questions displayed below] Viking Voyager specializes in the design
Problem 9.5B (Algo) Record bond issue and related interest (LO9.5) [The following information applies to the questions displayed below] Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $2,100,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. roblem 9-5B (Algo) Part 1 equired: If the market interest rate is 8%, the bonds will issue at $2,100,000. Record the bond issue on January 1,2024 , and the first two emiannual interest payments on June 30, 2024, and December 31, 2024, (If no entry is required for a particular transaction/event, elect "No Journal Entry Required" in the first account field.) Journal entry worksheet 23 Required: 1. If the market interest rate is 8%, the bonds will issue at $2,100,000. Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the first semiannual interest payment. Note: Enter debits before credits - If the market interest rate is 8%, the bonds will issue at $2,100,000. Record the bond issue on January 1,2024 , and the first two emiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, elect "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the second semiannual interest payment. Notet Enter debits before credits
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