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Required B 2) Record interest payments and amortization on December 31,2020 3) Record interest payments and amortization on June 30, 2021 4) Record interest payments

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Required B
2) Record interest payments and amortization on December 31,2020
3) Record interest payments and amortization on June 30, 2021
4) Record interest payments and amortization on December 31, 2021
image text in transcribed
Check my work Dobbs Company issues 6%, two-year bonds, on December 31, 2019, with a par value of $94,000 and semiannual interest payments. Semiannual Period End (e) 12/31/2019 (1) 6/30/2020 (2) 12/31/2020 (8) 6/30/2021 12/31/2021 Unamortized Discount $5,880 4,410 2,940 1,470 carrying Value $88,120 89,590 91,060 92,530 94,000 Use the above straight-line bond amortization table and prepare journal entries for the following Required: (a) The issuance of bonds on December 31, 2019, (6) The first through fourth interest payments on each June 30 and December 31 (c) Record the maturity of the bonds on December 31, 2021 Complete this question by entering your answers in the tabs below. Required A Required B Required The issuance of bonds on December 31, 2019 Complete this question by entering your answers in the tabs below. Required A Required B Required The issuance of bonds on December 31, 2019 Sed View transaction list ok Journal entry worksheet nt nt Record the payment on maturity on December 31, 2021. Note: Enter debits before credits, Date General Journal Debit Credit Dec 31, 2021

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