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On January 1, Year 1, Bell Corporation issued $390,000 of 10-year, 6 percent bonds at...

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Accounting

On January 1, Year 1, Bell Corporation issued $390,000 of 10-year, 6 percent bonds at their face amount. Interest is payable on
December 31 of each year with the first payment due December 31, Year 1.
Required
Prepare all the general journal entries related to these bonds for Year 1 and Year 2.(If no entry is required for a transaction/event,
select "No journal entry required" in the first account field.)
Journal entry worksheet
1
2
3
Record the issue of bonds payable.
Note: Enter debits before credits.
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