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Save Homework: Chapter 12, Part 1 Score: 0 of 2 pts 4 of 4 (0 complete) HW Score: 0%, 0 of 8 pts E12-23 (open

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Save Homework: Chapter 12, Part 1 Score: 0 of 2 pts 4 of 4 (0 complete) HW Score: 0%, 0 of 8 pts E12-23 (open response) Question Help On June 30, Daughtry Limited issues 9%, 20-year bonds payable with a face value of $120,000. The bonds are issued at 92 and pay interest on June 30 and December 31. Requirements 1. Journalize the issuance of the bonds on June 30. 2. Journalize the semiannual interest payment and amortization of the bond discount on December 31 (Assume bonds payable are amortized using the straight-line amortization method. Record debits first, then credits. Select the explanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate.) Requirement 1. Journalize the issuance of the bonds on June 30. Debit Accounts and Explanation Date Credit Jun. 30 Choose from any list or enter any number in the input fields and then click Check Answer Check Answer 1 Clear All part remaining 1:23 PM 4/19/2020 21

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