JenStar sold $ of bonds at a price to yield on April The bonds pay interest semiannually on April a October The maturity date of the bonds is April JenStar has a October year end. Please make sure your final answers are accurate to decimal places. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format ddie January would be Jan
a Prepare the journal entries for the bonds from April to April JenStar uses the effective interest method of amortizing bond premiums and discounts.
tableGeneral Journal,tablePage GCreditDateAccountExplanationPRDebitCash,,,Bonds payable.,,, Oct