Question: Use the information in RE14-6, except assume that Temple issues its bonds on March 1, 2019, at par, plus accrued interest. Prepare the journal entries

Use the information in RE14-6, except assume that Temple issues its bonds on March 1, 2019, at par, plus accrued interest. Prepare the journal entries to record the issuance of the bonds (adjust interest expense for the accrued interest) and the first semiannual interest payment.

RE14-6

On January 1, 2019 (the authorization date), Temple Company issues $500,000 of 9% bonds at 103. These bonds pay interest on June 30 and December 31.

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