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Required information [The following information applies to the questions displayed below.) 2 On January 1, 2018, Splash City issues $440,000 of 9% bonds, due in

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Required information [The following information applies to the questions displayed below.) 2 On January 1, 2018, Splash City issues $440,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $483,544 2. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31 2018.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) RED: Chapter 9 Homework i Saved Required information View transition Journal entry worksheet of 2 eBook References Record the first semiannual interest payment. Note: Enter debits before credits Date General Journal Debit Credit June 30, 2018 Record entry Clear entry View general journal 7 2. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018.017 no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Part 2012 View transaction list Journal entry worksheet 13 points 2 3 soos Record the second semiannual interest payment. References Note Enter debits before credits Datu December 31, 2018 General Journal Debit Credit Record entry Clearany View general Journal

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