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Required: 1. to 4. Prepare the journal entries to record their issuance by Strauss-Lombardi on February 1, 2021, interest on July 31, 2021 (at the

Required: 1. to 4. Prepare the journal entries to record their issuance by Strauss-Lombardi on February 1, 2021, interest on July 31, 2021 (at the effective rate), adjusting entry to accrue interest on December 31, 2021 and interest on January 31, 2022. (Do not round your intermediate calculations and round your final answers to nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

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No Date General Journal Debit Credit
1 February 01, 2021 Cashselected answer correct not attempted not attempted
Discount on bonds payableselected answer correct not attempted not attempted
Bonds payableselected answer correct not attempted not attempted
2 July 31, 2021 Interest expenseselected answer correct not attempted not attempted
Discount on bonds payableselected answer correct not attempted not attempted
Cashselected answer correct not attempted not attempted
3 December 31, 2021 Interest expenseselected answer correct not attempted not attempted
Discount on bonds payableselected answer correct not attempted not attempted
Interest payableselected answer correct not attempted not attempted
4 January 31, 2022 Interest expenseselected answer correct not attempted not attempted
Interest payableselected answer correct not attempted not attempted
Discount on bonds payableselected answer correct not attempted not attempted
Cashselected answer correct not attempted not attempted

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