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Submit Check my work On January 1, Renewable Energy Issues bonds that have a $32,000 par value, mature in four years, and pay 11% Interest
Submit Check my work On January 1, Renewable Energy Issues bonds that have a $32,000 par value, mature in four years, and pay 11% Interest semiannually on June 30 and December 31. 1. Prepare the journal entry for issuance assuming the bonds are issued at (8) 99 and (b) 10373. 2. How much interest does the company pay (in cash) to its bondholders every six months if the bonds are sold at par? 5 points Skipped Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Prepare the journal entry for issuance assuming the bonds are issued at () 99 and (b) 1039. Print View transaction list References Journal entry worksheet 1 2 Record the issuance for bond at 99. Note: Enter debits before credits Debit Credit General Journal Date Jan 01 Chapter 14 - Homework Questions Help Save & Ex Submit 1 Check my work Required 1 Required 2 5 points Prepare the journal entry for Issuance assuming the bonds are issued at (a) 99 and (b) 103. Skipped View transaction list Journal entry worksheet eBook Print Record the issuance for bond at 103. References Note: Enter debits before credits General Journal Debit Credit Date Jan 01 View general journal Clear entry Record entry Required 2 > 1 of 5 Next >
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