Powell Company issued a $year bond payable at face value on January Interest is paid semiannually on January and July
Requirements
Journalize the issuance of the bond payable on January
Journalize the payment of semiannual interest on July
Requirement Journalize the issuance of the bond payable on January Record debits first, then credits. Select explanations on the last line of the journal entry.
tableDateAccounts and Explanation,Debit,CreditJan
Requirement Journalize the payment of semiannual interest on July Record debits first, then credits. Select explanations on the last line of the journal entry.
