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Required information Problem 9 - 5 A ( Algo ) Record bond issue and related interest ( LO 9 - 5 ) Skip to question
Required information
Problem A Algo Record bond issue and related interest LO
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The following information applies to the questions displayed below.
On January Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $ of bonds, due in years, with interest payable semiannually on June and December each year.
Problem A Algo Part
If the market interest rate is the bonds will issue at $ Record the bond issue on January and the first two semiannual interest payments on June and December If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.
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