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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 variety of transportable spin
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 $580,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. - 2. If the market interest rate is 9%, the bonds will issue at $542,277. 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 field. Round your answers to the nearest dollar amount) View transaction fist Journal entry worksheet 1 2 3 Record the bond issue Note: Erber debits before creat General Journal Debit Credit Date January 01, 2021 MacBook Pro
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