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Zillow Corp. issued 8% seven-year bonds payable with a face amount of $140,000 when the market interest rate was 8%. Zilow's fiscal year-end on December

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Zillow Corp. issued 8% seven-year bonds payable with a face amount of $140,000 when the market interest rate was 8%. Zilow's fiscal year-end on December 31. The bonds pay interest on January 1 and July 1 Read the requirement a. Issuance of the bonds payable at par on July 1, 2018 Journal Entry Accounts and Explanations Date Debit Credit Requirement 2018 1 Journalize the following transactions for Zillow. Include an explanation for each entry alance of the bonds payable et par on July 1, 2018 b. Accrual of interest expense on December 31, 2018 e Payment of cash interest on January 1, 2010 d. Payment of the bonds payable at maturity give the date) (Record debits first, then credits. Select the explanation on the last line of the joumal entry table) Done Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check An 3 Parts remaining i Requirement Journalize the following transactions for Zillow. Include an explanation for each entry a. Issuance of the bonds payable at par on July 1, 2018 b. Accrual of interest expense on December 31, 2018 c. Payment of cash interest on January 1, 2019 d. Payment of the bonds payable at maturity (give the date) (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Print Done Check Answer Clear All Homework: Chapter 9 Graded Homework Score: 0 of 2 pts 3 of 10 (5 complete) S9-3 (similar to) Zillow Corp. issued 8% seven-year bonds payable with a face amount of $140,000 when the market interest rate was 8%. Zillow's fiscal year-end Read the requirement. a. Issuance of the bonds payable at par on July 1, 2018 Journal Entry Accounts and Explanations Requirement Date Credit Debit 2018 Jul 1 Journalize the following entry a. Issuance of the bond b. Accrual of interest ex c. Payment of cash inte d. Payment of the bonds (Record debits first, then joumal entry table.) number in the input fields and then click Check Answer 3 of 10 (5 complete) HW Score: 32% Question st rate was 8%. Zillow's fiscal year-end on December 31. The bonds pay interest on January 1 and July 1. Requirement Journalize the following transactions for Zillow. Include an explanation for each entry a. Issuance of the bonds payable at par on July 1, 2018 b. Accrual of interest expense on December 31, 2018 c. Payment of cash interest on January 1, 2019 d. Payment of the bonds payable at maturity (give the date) (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Print Done

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