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Xonic Corporation issued $8.3 million of 20-year, 8 percent bonds on April 1, 2018, at 102. Interest is due on March 31 and September 30

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Xonic Corporation issued $8.3 million of 20-year, 8 percent bonds on April 1, 2018, at 102. Interest is due on March 31 and September 30 of each year, and all of the bonds in the issue mature on March 31, 2038. Xonic's fiscal year ends on December 31 a-c. Record the issuance of the bonds and entries after the issue. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in dollars.) Boom View transaction list forences Journal entry worksheet 1 2 3 4 Record the issuance of bonds. Record the final interest payment and amortize bond premium. Note: Enter debits before credits. General Journal Debit Credit Date Mar 31, 2038 Record the retirement of the bonds. Note: Enter debits before credits. Date General Journal Debit Credit Mar 31, 2038 Record entry Clear entry View general journal

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