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Score: 0 of 3 pts 5 of 7 (4 complete) HW Score: 34.49%, 6.21 ... E12-23 (similar to) Question Help On June 30, Daughtry Limited

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Score: 0 of 3 pts 5 of 7 (4 complete) HW Score: 34.49%, 6.21 ... E12-23 (similar to) Question Help On June 30, Daughtry Limited issues 8%, 20-year bonds payable with a face value of $80,000. The bonds are issued at 86 and pay interest on June 30 and December 31. (Assume bonds payable are amortized using the straight-line amortization method.) Requirements 1. Joumalize the issuance of the bonds on June 30. 2. Journalize the semiannual interest payment and amortization of the bond discount on December 31. Requirement 1. Journalize the issuance of the bonds on June 30. (Record debits first, then credits. Select explanations on the last line of the journal entry.) Date Accounts and Explanation Debit Credit Jun. 30 Choose from any list or enter any number in the input fields and then click Check

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