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Required information Problem 9.5A (Algo) Record bond issue and related interest (LO9.5) The following information applies to the questions displayed below] On Januery 1,2024. Twister
Required information Problem 9.5A (Algo) Record bond issue and related interest (LO9.5) The following information applies to the questions displayed below] On Januery 1,2024. Twister Enterprises, a manufacturer of o variety of tronsportable spin rides, issues $550.000 of 77 . bonds, due in 15 years, with interest payable semionnually on June 30 and December 31 each yeor. Problem 9-5A (Algo) Part 2 2. If the market interest rate is 8%, the bonds will issue at $502,447, Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. if no entry is required for o porticular transoction/event, select "No Journal Entry Required" in the first occount field. Round your answers to the nearest dollor omount.) Journal entry worksheet Record the first semiannual interest payment. Required informotion Problem 9.5A (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below] On January 1, 2024. Twister Enterprises, a manufacturer of o variety of transportable spin rides, issues $550,000 of 7s bonds, due in 15 yeors, with interest payoble semiannually on June 30 and December 31 each yeat. Problem 9.5A (Algo) Part 2 2. If the market interest rate is 8%, the bonds will issue at $502.447. Record the bond issue on Jonuary 1, 2024, and the frst two semionnual interest payments on June 30, 2024, and December 31, 2024, (If no entry is required for o porticular transoction/event, select "No Journol Entry Required" in the first occount field. Round your answers to the neorest dollor omount) Journal entry worksheet a Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits
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