A company issues year bonds with a face amount of $ for $ on January The market interest rate for bonds of similar risk and maturity is Interest is paid semiannually on June and December
Required:
& Record the bond issue and first interest payment on June If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest dollar amount.
Journal entry worksheet
Record the bond issue.
Note: Enter debits before credits.
tableDateGeneral Journal,CreditJanuary
