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Third Corporation issued $490,000 of its 5 percent bonds payable on April 1, 2019. The bonds were issued at face value. Interest is payable semiannually

Third Corporation issued $490,000 of its 5 percent bonds payable on April 1, 2019. The bonds were issued at face value. Interest is payable semiannually on October 1 and April 1.

Prepare the entry in general journal form to record the interest payment on October 1, 2019.

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Journal entry worksheet Record the payment of bond interest for six months. Note: Enter debits before credits. Date General Journal Debit Credit Oct 01, 2019 Record entry Clear entry View general journal

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