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Venture Company issued $900,000, 10%, 20-year bonds on January 1, 2021, at 103. Interest is payable annually on January 1. Venture uses the straight-line method

Venture Company issued $900,000, 10%, 20-year bonds on January 1, 2021, at 103. Interest is payable annually on January 1. Venture uses the straight-line method of amortization and has a calendar year end. Prepare all journal entries made in 2021 related to the bond issue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

2021

Account Titles and Explanation

Debit

Credit

choose a transaction date Jan. 1Dec. 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date Jan. 1Dec. 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

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