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Woodwick Company issues 10%, five-year bonds, on December 31, 2016, with a par value of $110,000 and semiannual intere payments points Semiannual Period-End (0) 12/31/2016
Woodwick Company issues 10%, five-year bonds, on December 31, 2016, with a par value of $110,000 and semiannual intere payments points Semiannual Period-End (0) 12/31/2016 (1) 6/30/2017 (2) 12/31/2017 nortired Presi $8,311 7,480 Carrying Value $118.311 117,480 116,549 eBook Hint Use the above straight line bond amortization table and prepare journal entries for the following (a) The issuance of bonds on December 31, 2016 (b) The first interest payment on June 30, 2017 (The second Interest payment on December 31, 2017 View transaction list Journal entry worksheet 1 2 3 Record the issue of bonds with a par value of $110,000 cash on December 31, 2016. IMG 2725.jpg IMG_2724.jpg ype here to search View transaction list Journal entry worksheet Record the first interest payment on June 30, 2017. Note: Enter debits before credits. Date General Journal Debit Jun 30, 2017 Record entry Clear entry
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