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Samu ers Inc. sold $10,000 of 8% bonds to an individual on April 1 at par value. The bonds pay interest on June 30 and

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Samu ers Inc. sold $10,000 of 8% bonds to an individual on April 1 at par value. The bonds pay interest on June 30 and December 31 each year What are the proper entries for the sale of the bonds and the June 30 payment of the interest for these bonds? (Do not round intermediate calculations. Only round your final answer to the nearest dollar) O A. Account Debit Credit April 1 ash 600 interest Payable Bonds Payable 400 200 Account Debit Credit June 30 Interest Expense 400 Interest Payable 400 B. Debit Credit 10,000 Credit 400 Account Cash 10,000 Bonds Payable Account Debit une 30 Interest Expense 400 Cash Samuers, Inc. sold S10.000 of 8% bonds to an individual on April 1 at par value. The bonds pay interest on June 30 and December 31 each year. What are the proper entries for the sale of the bonds and the June 30 payment of the interest for these bonds? (Do not round intermediate calculations. Only round your final answer to the nearest dollar.) Account Debit Credit April 1 Cash 10,200 Interest Payable 10,000 Account Debit Credit June 30 Interest Expense Interest Payable 200 200 Cash 400 OD. Account Debit Credit Cash 10.267 Interest Payable Bonds Payable 267 10,000 Account Debit Credit Intare et Dovakla 267 0Click to select your

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