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Required Information [The following Information applies to the questions displayed below.) On January 1, 2021. White Water Issues $520,000 of 5% bonds, due in 15

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Required Information [The following Information applies to the questions displayed below.) On January 1, 2021. White Water Issues $520,000 of 5% bonds, due in 15 years, with interest payable annually on December 31 each year Assuming the market interest rate on the issue date is 6%, the bonds will issue at $469,499. 2. Record the bond issue on January 1, 2021, and the first two interest payments on December 31 , 2021, and December 31, 2022. (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) View transaction et Journal entry worksheet Required Information [The following information applies to the questions displayed below] On January 1, 2021. White Water Issues $520,000 of 5% bonds, due in 15 years, with Interest payable annually on December 31 each year. Assuming the market Interest rate on the issue date is 6%, the bonds will issue at $469.499, 2 Record the bond issue on January 1, 2021, and the first two interest payments on December 31, 2021, and December 31, 2022. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required" In the first account field. Round your final answers to the nearest whole dollar) View transaction dat Journal entry worksheet

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