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Help Save 6 FH Submit A company issues 7%, 10-year bonds with a foce amount of $80,000 for $85,951 on January 1, 2021. The market
Help Save 6 FH Submit A company issues 7%, 10-year bonds with a foce amount of $80,000 for $85,951 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually on June 30 and December 31 Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021. Of no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round Intermediate calculations. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet Record the bond issue debits before credits General Journal Daba Date Januvy 01, 2021 15 Sws MacBook Air 4. 5 6 7 8 9 E R T Y U P 80,000 for $85,951 on January 1, 2021. The market in bonds of similar risk and maturity is 6%. Interest is paid semiannually on June 30 and December 31. Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round Intermediate calcu your answers to the nearest dollar amount.) View transaction list Journal entry worksheet Record the first interest payment on June 30, 2021. Note: Enter debits before credits. General Journal Date June 30, 2021 Debit Credit C 15 S W
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