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ter 14 Lab Exercise 14-3 Bonds Issued at par between Interest dates LO3 4 Book Saved Extra Gold Corporation had a $1,215,000, 6.5% bond
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ter 14 Lab Exercise 14-3 Bonds Issued at par between Interest dates LO3 4 Book Saved Extra Gold Corporation had a $1,215,000, 6.5% bond available for issue on September 1, 2020. Interest is to be paid quarterly beginning November 30. All of the bonds were issued at par on October 1. Prepare the appropriate entries for: (Do not round Intermediate calculations. Round the final answers to the nearest whole dollar.) a. October 1, 2020 b. November 30, 2020 c. December 31, 2020 (Extra Gold's year-end) d. February 28, 2021 Print View transaction list erences Journal entry worksheet < 4 Record the payment of interest on bonds. Note: Enter debits before credits. Date General Journal Debit Credit Feb. 28, 2021 Interest payable Bond interest expense Cash 6.581 19,744
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