Watson purchased a bond on January 1, 2018, for $110,000. The band has a face value of $110.000 and matures in 5 years. The bond pays interest on June 30 and December 31 at a 3% annual rate Watson plans on holding the investment until maturity Read the requirements Requirement 1. Journalize the 2018 transactions related to Watson's bond investment. Explanations are not required Record debits first, then credits Exclude explanations from journal entries) Begin by joumalizing Watson's investment on January 1, 2018 Date Jan, Cash ros 1. Journalize the 2018 Wansactions related to Watson's bond investment Explanations are not required. 2. Joum the ansaction related to Watson's disposition of the bond a maturity on December 31, 2022. (Assume the last infor m ent has already been recorded.) Explanations are not required Next, journal W on's receipt of interest on June 30, 2018 Print Jun 30 Dono Choose from any list or enter any number in the input folds and then continue to the next questi Finally, joumaize Watson's recepto inton UCI JI. 2010 Debit Credit Dec 31 Requirements Requirement 2. Journalire the transaction related to Watson's disposition of the bond amwunity on December 31, 2022 required. Record debits first the credits Exclude explanations from ou t ros) 1. Joumalize the 2018 transactions related to Watson's bondires Explanations are not required 2. Journalize the transaction related to Watson's disposition of the maturity on December 31, 2022. Assume the last interest paym already been recorded.) Explanations are not required. Date Accounts Credit Print Done to the next question Watson purchased a bond on January 1, 2018, for $110,000. The bond has a face value of $110 000 and matures in 5 years. The bond pays Interest on June 30 and December 31 ata 3% annual rate. Watson plans on holding the investment until maturity Read the requirements of required Record de fust, then credits Exclude explanations from journal entries) Requirement 1. Journal the 2018 transactions related to Watson's bond investment. Explanations an Begin by joumaling Watson's investment on January 1, 2018 Requirements Date Intorstvo 1. J alue the 2018 transactions relied to Watson's bond investment Explanations are not required 2. Journalize the transaction related to Watson's disposition of the bond at matury on December 31, 2022. Assume the last interest payment has already been recorded) Explanations are not required Next, ouma Watson's receipt of interest on June 30, 2018 Print Done | Choose from any list or enter any number in the input fields and then continue to the next
