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Saved Help Chapter 9 Homework Submit Save & Exit Check my work 5 Problem 9-4B Record bond issue and related interest (LO9-5) The following information

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Saved Help Chapter 9 Homework Submit Save & Exit Check my work 5 Problem 9-4B Record bond issue and related interest (LO9-5) The following information applies to the questions displayed below) Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2021, the company issues $2,200,000 of 8% bonds, due in 20 years, with Interest payable semiannually on June 30 and December 31 each year, Part 2 of 3 I 0.83 points Problem 9-4B Part 2 eBook Print 2. If the market interest rate is 9%, the bonds will issue at $1,997,583. Record the bond issue on January 1 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021 (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Round your answers to the nearest dollar amount.) References View transaction list Journal entry worksheet 1 > Record the bond issue. Mc GE Hall 45,231 22 o 3 S 4 8. W E R. S D G Check my work Problem 9-4B Part 2 2. If the market interest rate is 9%, the bonds will issue at $1,997,583. Record the bond issue on January 1. 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 28 Record the first semiannual interest payment. Note: Enter debits before credits Credit Debit 89.891 Date General Journal June 30, 2021 interest Expense Cash 89,891 1 45.231 UN a 22 S 4 8 3 5 6 2 W E R Check my work Problem 9-4B Part 2 2. If the market interest rate is 9%, the bonds will issue at $1,997,583. Record the bond issue on January 1. 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 3 Record the second semiannual interest payment. Note: Enter debits before credits General Journal Credit Date December 31. 2021 Debit 99,000 99,000 45.231 22 F. 2 3 4. 5 6 E R

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