Please help solve equation On the first day of the fiscal year, a...
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Please help solve equation
On the first day of the fiscal year, a company issues a $801,000, 9%, 10-year bond that pays semiannual interest of $36,045 ($801,000 x 9% x 1/2), receiving cash of $841,100. Journalize the entry to record the first interest payment and amortization of discount/premium using the straight-line method. If an amount box does not require an entry, leave it blank or enter "o". 841,100 x Cash X Interest Payable X 36,045 X Bonds Payable X 801,000 x
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