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Question 44 - ACC102 Final-Exan X Qtarget - Search C ACC102 Final-Exam 44 https://ezto.mheducation.com/ext/map/index.html?_con=con&e... A Q Saved + Help Save & Exit Submit
Question 44 - ACC102 Final-Exan X Qtarget - Search C ACC102 Final-Exam 44 https://ezto.mheducation.com/ext/map/index.html?_con=con&e... A" Q Saved " + Help Save & Exit Submit Paulson Company Issues 6%, four-year bonds, on January 1 of this year, with a par value of $95,000 and semiannual Interest payments. Semiannual Period-End (e) January 1, issuance (1) June 30, first payment 8 00:35:11 (2) December 31, second payment Unamortized Discount $ 6,633 5,804 4,975 Carrying Value $ 88,367 89,196 90,025 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The Issuance of bonds on January 1. (b) The first Interest payment on June 30. (c) The second Interest payment on December 31. View transaction list Journal entry worksheet 2 3 Record the first interest payment on June 30. Note: Enter debits before credits. Date June 30 General Journal Bond interest expense Discount on bonds payable Debit Credit Cash > Record entry Clear entry View general journal Mc Graw < Prev 44 of 46 Next > Hill 9:56 PM 12/17/2022
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