On January 1, 2009, Cool Universe issued 10% bonds dated January 1, 2009, with a face amount
Question:
2. Prepare the journal entry to record their issuance by Cool on January 1, 2009.
3. Prepare the journal entry to record interest on June 30, 2009, using the straight-line method. 4. Prepare the journal entry to record interest on December 31, 2009, using the straight-line method.
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Related Book For 
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
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