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Required information Problem 9.5B (Algo) Record bond issue and related interest (LO9.5) [The following information applies to the questions displayed below.] Viking Voyager specializes in
Required information Problem 9.5B (Algo) Record bond issue and related interest (LO9.5) [The following information applies to the questions displayed below.] Viking Voyager specializes in the design and production of replica Viking boats. On January 1,2024, the company issues $2,900,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Part 1 Required: 1. If the market interest rate is 9%, the bonds will issue at $2,900,000. 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 a particular transaction/event, select "No Journal Entry Required" in the first account field.) Required information Problem 9.5B (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below] Viking Voyager specializes in the design and production of replica Viking boats, On January 1, 2024, the company issues $2,900,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Part 1 Required: 1. If the market interest rate is 9%, the bonds will issue at $2,900,000. 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 a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Required information Problem 9.5B (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below] Viking Voyager specializes in the design and production of replica Viking boats, On January 1, 2024, the company issues $2,900,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Part 1 Required: 1. If the market interest rate is 9%, the bonds will issue at $2,900,000. 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 a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Required information Problem 9.5B (Algo) Record bond issue and related interest (LO9.5) [The following information applies to the questions displayed below] Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $2.900,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9.5B (Algo) Part 1 Required: 1. If the market interest rote is 9%, the bonds will issue at $2,900,000. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on Jube 30,2024, and December 31,2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet
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