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TB EX Qu. 9-204 On January 1, 2021, a company issues... On January 1, 2021, a company issues $800,000 of 8% bonds, due in
TB EX Qu. 9-204 On January 1, 2021, a company issues... On January 1, 2021, a company issues $800,000 of 8% bonds, due in ten years, with interest payable semiannually on June 30 an December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $800,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 20 (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record the bond issue on January 1, 2021. Note: Enter debits before credits. Date January 01, 2021 Cash General Journal Debit Credit 800,000 800,000 Bonds Payable Record entry Clear entry View general journal >
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