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The following infarmation applies to the questions displayed below On January 1, 2018, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues
The following infarmation applies to the questions displayed below On January 1, 2018, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $460,000 of 6 % bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year 1, value Required information 10.00 points Required: 1. If the market interest rate is 6 % , the bonds wil issue at $460,000. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018. (f no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet
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