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View Policies Current Attempt in Progress On June 3 0 , 2 0 2 5 , Brian Lee Company issued $ 3 , 8 1
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On June Brian Lee Company issued $ face value of year bonds at $ a yield of Lee uses the effectiveinterest method to amortize bond premium or discount. The bonds pay semiannual interest on June and December
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a
Prepare the journal entries to record the following transactions. Round answer to decimal places, eg 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.
The issuance of the bonds on June
The payment of interest and the amortization of the premium on December
The payment of interest and the amortization of the premium on June
The payment of interest and the amortization of the premium on December
No
Date
Account Titles and Explanation
Debit
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