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the first one picture is all correct, it is here for reference, just need help with completing the other two journals. Required: 1. If the
the first one picture is all correct, it is here for reference, just need help with completing the other two journals.
Required: 1. If the market interest rate is 8%, the bonds will issue at $2,600,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) No 1 2 Required information [The following information applies to the questions displayed below.] Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2021, the company issues $2,600,000 of 8% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. 3 Date January 01, 2021 Cash June 30, 2021 Bonds Payable Interest Expense Cash December 31, 202) Interest Expense Cash Answer is complete and correct. General Journal 35 >>> Debit 2,600,000 104,000 104,000 Credit 2,600,000 104,000 104,000 2. If the market interest rate is 9%, the bonds will issue at $2,360,779. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) No 1 2 Required information [The following information applies to the questions displayed below.] Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2021, the company issues $2,600,000 of 8% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. 3 Date January 01, 2021 Cash June 30, 2021 Answer is not complete. General Journal Discount on Bonds Payable Bonds Payable Interest Expense Discount on Bonds Payable Cash December 31, 202 Interest Expense Discount on Bonds Payable Cash 33 000 Debit 2,360,779 239,221 Credit 2,600,000 3. If the market interest rate is 7%, the bonds will issue at $2,877,616. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) No 1 2 Required information [The following information applies to the questions displayed below.] Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2021, the company issues $2,600,000 of 8% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. 3 Date January 01, 2021 June 30, 2021 Answer is not complete. General Journal Cash Bonds Payable Premium on Bonds Payable Interest Expense Premium on Bonds Payable Cash December 31, 202 Interest Expense Premium on Bonds Payable Cash 000 " Debit 2,877,616 Credit Step by Step Solution
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