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Required information Problem 10-4A (Algo) Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.] Legacy issues $710,000 of
Required information Problem 10-4A (Algo) Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.] Legacy issues $710,000 of 8.0%, four-year bonds dated January 1, 2020, that pay interest semiannually on June 30 and December 31. They are issued at $621,812 when the market rate is 12%. Problem 10-4A (Algo) Part 4 4. Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet Record the interest payment and amortization on June 30
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