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Required Information {The following information applies to the questions displayed below.) On January 1, 2021, Twister Enterprises, a manufacturer of a varlety of transportable spin
Required Information {The following information applies to the questions displayed below.) On January 1, 2021, Twister Enterprises, a manufacturer of a varlety of transportable spin rides, Issues $430,000 of 6% bonds, due in 20 years, with Interest payable semiannually on June 30 and December 31 each year. 2. If the market Interest rate is 7%, the bonds will issue at $384.087. Record the bond issue on January 1, 2021, and the first two semiannual Interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account fleld. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 12 3 > Record the bond issue. Note: Enter debits before credits. General Journal Debit Credit Date January 01, 2021 Record entry Clear entry View general journal Required Information [The following information applies to the questions displayed below.] On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $430,000 of 6% bonds, due in 20 years, with Interest payable semiannually on June 30 and December 31 each year. . If the market Interest rate is 5%, the bonds will issue at $483.971. Record the bond issue on January 1, 2021, and the first two emiannual Interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, elect "No Journal Entry Required" In the first account fleld. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 1 2 3 2 3 > Record the bond issue. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2021 Record entry Clear entry View general journal
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