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question 10 phw please answer completly THANK YOU SO MUCH Paulson Company issues 6%, four-year bonds. on December 31, 2015, with a par value of
question 10 phw please answer completly
THANK YOU SO MUCH
Paulson Company issues 6%, four-year bonds. on December 31, 2015, with a par value of $95,000 and semiannual interest payments Semiannual Period-End Unamortized Discount Carrying Value ) 12312015 (1) 6/30/2016 (2) 1231/2016 $6,633 5,804 4,975 $88.367 89,198 90,025 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2015 (b) The first interest payment on June 30, 2016. (c) The second nterest payment on December 31, 2018. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $95,000 cash December 31, 2015. Note: Enter debits before credits. Date Debit Credit Dec. 31, 2015 Record entry Clear entry View general journalStep by Step Solution
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