During 2022, Dymer Development Inc. issued bonds with a face value of $1,400,000. 1. On...
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During 2022, Dymer Development Inc. issued bonds with a face value of $1,400,000. 1. On January 1 Dymer Development Inc. issued $600,000 of bonds that carry a stated interest of 7% payable each January 1. Using tabular analysis, indicate the accounts increased or decreased to record the issuance assuming the bonds are issued at 97. 2. On July 1 Dymer Development Inc. issued $800,000 of bonds that carry a stated interest of 8% payable each July 1 . Using tabular analysis, indicate the accounts increased or decreased to record the issuance assuming the bonds are issued at 102. Instructions Using tabular analysis record t transactions. To create a table, open the table editor as indicated in the image below. (Add rows and columns as needed.) Question: During 2022, Dymer Development Inc. issued bonds with a face value of $1,400,000. 1. On January 1 Dymer Development Inc. issued $600,000 of bonds that carry a stated interest of 7% payable each January 1. Using tabular analysis, indicate the accounts increased or decreased to record the issuance assuming the bonds are issued at 97. 2. On July 1 Dymer Development Inc. issued $800,000 of bonds that carry a stated interest of 8% payable each July 1 . Using tabular analysis, indicate the accounts increased or decreased to record the issuance assuming the bonds are issued at 102. Instructions Using tabular analysis record t transactions. To create a table, open the table editor as indicated in the image below. (Add rows and columns as needed.)
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