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Issignment - Chapters 12 & Question 4, EF12-27(similar to) HW Score:...

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Accounting

Issignment - Chapters 12 &
Question 4, EF12-27(similar to)
HW Score: 81.84%,8.18 of 10 points
Part 2 of 3
Points: 0.33 of 1
Pharmaceutical Dispensary borrowed $690,000 on January 2,2024, by issuing a 15% serial bond payable that must be paid in three equal annual installments plus interest for the year. The first payment of principal and interest comes due January 2,2025. Complete the missing information. Assume bonds are issued at face value. (For accounts with a $0 balance, make sure to enter "0" in the appropriate cell.)
\table[[,December 31],[,2024,2025,2026,]]
Current Liabilities:
Bonds Payable
$230,000
Interest Payable
103,500
Long-Term Liabilities:
Bonds Payable
460,000
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