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Puppa Company issued a S500 000, 6% 5-year bond payable at face value on January 1, 2018 Interest is paid sem annualy on January 1

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Puppa Company issued a S500 000, 6% 5-year bond payable at face value on January 1, 2018 Interest is paid sem annualy on January 1 and July 1 Requirements 1. Journalize the issuance of the bond payable on January 1,2018. 2. Journalize the payment of semiannual interest on July 1,2018 Requirement 1. Journalize the issuance of the bond payable on January 1, 2018. (Record debits first, then credits. Select explanations on the last line c Date 2018 Jan. 1 Accounts and Explanation Debit Credit

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