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Question 10 of 10 - / 36 E - View Policies Current Attempt in Progress On January 1, 2020, Martinez Corporation issued $820,000,6%, 5-year bonds
Question 10 of 10 - / 36 E - View Policies Current Attempt in Progress On January 1, 2020, Martinez Corporation issued $820,000,6%, 5-year bonds dated January 1, 2017 at 97. The bonds pay annual interest on January 1. The company uses the straight-line method of amortization and has a calendar year end. Prepare all the journal entries that Martinez Corporation would make related to this bond issue through January 1, 2021. Be sure to indicate the date on which the entries would be made. (Credit account titles are outomatically indented when the amount is entered. Do not Indent manually.) Date Account Titles and Explanation Debit Cred (To record sale of bonds at a discount) To record annual accrued bond interest and amortization of bond discount) -/36 Question 10 of 10 Debit Credit Date Account Titles and Explanation (To record sale of bonds at a discount) To record annual accrued bond interest and amortization of bond discount) To record payment of bond interest abit Safor Le Attempts of 1 used Submit Antwer
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