BACK Exercise 15-04 ad (Part Level Submission) Sherdan Company issued $455,000 of 8%. Io-year bonds...
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BACK Exercise 15-04 ad (Part Level Submission) Sherdan Company issued $455,000 of 8%. Io-year bonds on lansery 1. 2020, at face valse. Interwati, payable annua, on kraml (a) 2 Your answer is correct Prepare the jourmal entry to record the issuance of the bonds. (Credat account thles are automatically HAPTER 15-03 indented when amount is entored. Do not indent manually,) Debit Credit lan 1, 2020 455 Bonds Payable 455 Attempls: 2 of 3 used (b) Prepare the jounal entry to record the accrual of interest on December 31, 2020. (Credit account titles are auto matically indented when amount is entered. Do not indeat manuallyJ Date Account Titles and Explanation Dec. 31, 2020 Debit Credit SHOW LIST OF ACCOUNTS LINK TO Attempts: 0 of 3 used SAVE FOR LATEn
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