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Required Information (The following Information applies to the questions displayed below.] Legacy Issues $325,000 of 5%, four year bonds dated January 1, 2019, that pay
Required Information (The following Information applies to the questions displayed below.] Legacy Issues $325,000 of 5%, four year bonds dated January 1, 2019, that pay Interest semiannually on June 30 and December 31. They are issued at $292181 when the market rate is 8% Required 1. Prepare the January 1 journal entry to record the bonds issuance. View transaction ust Journal entry worksheet ho Record the issue of bonds with a par value of $325.000 on January 1, 2019 at an issue price of 5292 181. General Journal Debit Credit Date 220ery 01 Racord entry Clarantry Viaw garera journal
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