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Sullivan Company issued $ 1 8 0 , 0 0 0 , 4 % , 1 0 - year bonds payable at 8 6 on
Sullivan Company issued $year bonds payable at on January
Journalize the issuance of the bonds payable on January
Journalize the payment of semiannual interest and amortization of the bond discount or premium using the straightline amortization method on July
Assume the bonds payable was instead issued at Journalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premium.
Record debits first, then credits. Select explanations on the last line of the journal entry.
Joumalize the issuance of the bonds payable on January
Journalize the payment of semiannual interest and amortization of the bond discount or premium using the straightline amortization method on J J
tableDateAccounts and Explanation,Debit,CreditJul
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