Band premilus entries for bonds poyabie transactions, interest method of amortiating sond premum $73,200,460. Interest...
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Band premilus entries for bonds poyabie transactions, interest method of amortiating sond premum $73,200,460. Interest on the bonds n pryabie semannualy on December 31 and June 30 . The frscal year of the complny is the calendar year. Requiredt For all journal entres, if an ampunt box does not reguire an entry, leave it thork. 1. Joumalue the entry to rncurd the amount of cash proceeds from the issuance of the bonds 2. Joumeites the entries to record the following: b. The interrst peyment on June 30, 200, and the amortizabsh of the bond premuin, using the interest inethod, Reund to the nearest dollar
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