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Rushton Corp, a wholesaler of music equipment, issued $12,030,000 of 15 year, 3% callable toonds ori March 1,,2071, at their face amount, with interest paysble

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Rushton Corp, a wholesaler of music equipment, issued $12,030,000 of 15 year, 3% callable toonds ori March 1,,2071, at their face amount, with interest paysble on March 1 and September 1 . The fiscat year of the company is the calendar year. 20Y1 Mar. 1 Issied the bonds for cash at their face amount. Sepc, 1 . Paid the interest on the bonds: Seot. 1 Called the bond issue at 103 , the rate provided in the bond indenture. (Orvit entry for poyment of intertst) lournalize the entries to recond the above selectid transactions: Issued the bonds for cash ot their face amount. If an amount box does not requare an entry, leave it blank. 20yis Mar 1 Paid the intorest on the bonds. If an amount box does not require an entry, leeve it blank. 20sin sept: 1 Called the bond wsue it 103, the rate povided in the bond indenture. (Opm entry for payment of interist.) if an amount box does not require an entry, leave it biank. 20y5 Sente. 1. Mar. 1 lssued the borves for cash at their face amount. Sept. 1 . Paid the interest on the bonds. 20y5 Sept: 1 Called the bond issue at 103, the rate provided in the bond indemture. (Orvit entry for payment of interest.) Joumalize the entries to record the above selected transactions. Issued the bonds for cosh at their face amount. If an amount box does not require an entry, leave is blank. 20 it mar 1 Paid the imterest on the bonds: If an amount box does not recuire an entry, leave it blank: 20yt seat 1 Cabed the bond issuie it 103, the nate provided in the bond indenture. (Omit entry for parment of interest.) if an amount box does not reeuire an entry, leaye is bfant. 20455cot1

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