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The Marigold Company issued $ 3 7 0 , 0 0 0 of 1 1 % bonds on January 1 , 2 0 2 5
The Marigold Company issued $ of bonds on January The bonds are due January with interest payable
each July and January The bonds are issued at face value.
Prepare Marigold's journal entries for a the January issuance, b the July interest payment, and c the December adjusting
entry. If no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles are automatically
indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.
Date
Account Titles and Explanation
Debit
Credit
Bonds Payable
Interest Expense
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