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Requirement 1. Joumalize the transactions a through d. (Record debits first, then credits. Exclude explanations from journal entries.) a. Issuance of half of the bonds
Requirement 1. Joumalize the transactions a through d. (Record debits first, then credits. Exclude explanations from journal entries.) a. Issuance of half of the bonds on May 31, 2021 b. Payment of interest on November 30, 2021 Requirements 1. Joumalize the following transactions: a. Issuance of half of the bonds on May 31, 2021 b. Payment of interest on November 30, 2021 c. Accrual of interest on December 31, 2021 c. Accrual of interest on December 31, 2021 d. Payment of interest on May 31, 2022 2. Report interest payable and bonds payable as they would appear on the company's balance sheet at December 31, 2021. d. Payment of interest on May 31, 2022
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