Journalize the following transactions a Issued five $10,000, 9 bonds that mature in 10 years at face value on September 1 b Paid semiannual interest on February 28 c Bonds retired at end of 10 years ...

a Sep 1 Cash 50 0 0 0 00 Bonds Payable 50 0 0 ...

Journalize the following transactions: a. Issued five $10,000, 9% bonds that mature in 10 years at face

Question:

Journalize the following transactions:
a. Issued five $10,000, 9% bonds that mature in 10 years at on
September 1.
b. Paid semiannual interest on February 28.
c. Bonds retired at end of 10 years.
Face Value
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the...