On January 1, 2020, Bramble Corporation issued $900,000,8%,5-year bonds dated January 1,2017 , at 95...
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On January 1, 2020, Bramble Corporation issued $900,000,8%,5-year bonds dated January 1,2017 , at 95 . The bonds pay annual interest on January 1. The company uses the straight-line method of amortization and has a calendar year end. Prepare all the journal entries that Bramble Corporation would make related to this bond issue through January 1,2021 . Be sure to indicate the date on which the entries would be made. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) \begin{tabular}{|l|l|} \hline Date & Account Titles and Explanation \\ \hline \end{tabular} (To record sale of bonds at a discount) (To record annual accrued bond interest and amortization of bond discount)
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