Safari File Edit View History Bookmarks Window Help 49 4) Mon 2:26 PM 9 E Homewo

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Safari File Edit View History Bookmarks Window Help 49 4) Mon 2:26 PM 9 E Homework 8 SmartBook Chapter 9 Health and Disability... Permanent insurance can be lim… Top Sites Homework 8 value: Required information 10.00 points 2. If the market interest rate is 7%, the bonds will issue at $357,290. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list view general journal Journal Entry Worksheet 023 Record the bond issu Date General Journal Debit Credit January 01, 2018 No journal entry required Accounts payable Accounts receivable Advertising expense Bonds payable Buildings Cash Common stock Discount on bonds payable ter debits before credits done record entry Get Started with Office 2011

Explanation / Answer

1) journal entry 1-1-2018

cash a/c dr $357,290

to bonds payable a/c $ 357,290

( being bonds issued )

2)

  journal entry 1-1-2018

cash a/c dr $450,206

to bonds payable a/c $ 450,206

( being bonds issued)

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