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Exercise Static Record bonds issued at a premium and related annual interest LO
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On January White Water issues $ of bonds, due in years, with interest payable annually on December each year.
Assuming the market interest rate on the issue date is the bonds will issue at $
Exercise Static Part
Record the bond issue on January and the first two interest payments on December and December If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.
tableNoDate,General Journal,Debit,CreditJanuary Cash,Discount on Bonds Payable,
