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The following information applies to the questions displayed below Legacy issues $620,000 of 9.5% four-year bonds dated January 1, 2015, that pay interest semiannually on
The following information applies to the questions displayed below Legacy issues $620,000 of 9.5% four-year bonds dated January 1, 2015, that pay interest semiannually on June 30 ond December 31. They are issued at $571,867 and their merket rate is 12% tthe issue date Required: 1. Prepare the January 1. 2015. journal entry to record the bonds' issuance View transaction list Journal entry worksheet Record the issue of bonds with a par value of $620,000 cash on January 1, 2015 at an issue price of $571,867 Note: Enter debits before credits Date General Journal Debit Credit Jan 01, 2015 Record entry Clear entry View general journal
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