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Question 7 (5 points) On April 1, 2019. Alaska Trading Company issued $900,000 of 6%, 10-year bonds. The bonds, which were issued at 98, pay
Question 7 (5 points) On April 1, 2019. Alaska Trading Company issued $900,000 of 6%, 10-year bonds. The bonds, which were issued at 98, pay interest on October 1 and April 1. Use this information to prepare the General Journal entry (without explanation to record the April 1, 2019 bond issue. If no entry is required then write "No Entry Required." Deol - Format - B IU - General Journal: Date Accounts Debit Credit A Ed S he Question 8 (5 points) On January 1, 2018, Baltimore Company issued S200,000 face value, 5%, 10-year bonds at 102. Interest is paid annually on January 1. Baltimore uses the straight-line method for amortization. Use this information to determine the dollar value of the interest expense for the 2018 fiscal year. Round your answer to the nearest whole dollar. Your
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