Issuance and Retirement of Bonds Venzuela Co. is building a new hockey arena at a cost of
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(a) Prepare the journal entry to record the issuance of the bonds on January 1, 2009.
(b) Prepare a bond amortization schedule up to and including January 1, 2013.
(c) Assume that on July 1, 2012, Venzuela Co .retires half of the bonds at a cost of $1,065,000 plus accrued interest. Prepare the journal entry to record this retirement,
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