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Skysong, Inc. issued 3,800, 7%, 5-year, $1,000 bonds dated January 1, 2019, at 100, Interest...

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Accounting

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Skysong, Inc. issued 3,800, 7%, 5-year, $1,000 bonds dated January 1, 2019, at 100, Interest is paid each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO TUTORIAL Prepare the adjusting journal entry on December 31, 2019, to record interest expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit ght all Dec. 31 Prepare the journal entry on January 1, 2020, to record interest paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Click if you would like to Show Work for this question: Open Show Work

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