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Question 19 Prepare journal entries to record the following transactions related to long-term bonds of Marigold Co. (a) Your answer has been saved and
Question 19 Prepare journal entries to record the following transactions related to long-term bonds of Marigold Co. (a) Your answer has been saved and sent for grading. See Gradebook for score details. On April 1, 2019, Marigold issued $1,680,000, 9% bonds for $1,807,236 including accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2029. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation April 1 Cash Bonds Payable Interest Expense Premium on Bonds Pay SHOW LIST OF ACCOUNTS Debit 1807236 Attempts: 1 of 1 used Credit 1680000 37800 89436
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