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Required information [The following information applies to the questions displayed below.] On January 1, 2024, White Water issues $600,000 of 7% bonds, due in 10
Required information [The following information applies to the questions displayed below.] On January 1, 2024, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $644,632. 2. 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. Round your final answers to the nearest whole dollar.) Required information [The following information applies to the questions displayed below.] On January 1, 2024, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $644,632. . Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Roun our final answers to the nearest whole dollar.) Journal entry worksheet Required information [The following information applies to the questions displayed below.] On January 1, 2024, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $644,632. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round our final answers to the nearest whole dollar.) Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits
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