00 Required information Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) [The following information...
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00 Required information Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.] Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $2,900,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Part 2 2. If the market interest rate is 10%, the bonds will issue at $2,651,193. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 2. If the market interest rate is 10%, the bonds will issue at $2,651,193. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/ew select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet < 1 Record the bond issue. Note: Enter debits before credits. Date January 01, 2024 Cash General Journal Debit Credit Discounts on Bonds Payable Bonds Payable Clear entry Record entry View general journal < Prev 6 7 of 10 Next > 2. If the market interest rate is 10%, the bonds will issue at $2,651,193. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet < 2 3 Record the first semiannual interest payment. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2024 Interest Expense Discounts on Bonds Payable Cashi Clear entry Record entry S View general journal View transaction list Journal entry worksheet 3 Record the second semiannual interest payment. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2024 Interest Expense Discounts on Bonds Payable Cash Record entry Clear entry View general journal 9 00 Required information Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.] Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $2,900,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Part 2 2. If the market interest rate is 10%, the bonds will issue at $2,651,193. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 2. If the market interest rate is 10%, the bonds will issue at $2,651,193. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/ew select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet < 1 Record the bond issue. Note: Enter debits before credits. Date January 01, 2024 Cash General Journal Debit Credit Discounts on Bonds Payable Bonds Payable Clear entry Record entry View general journal < Prev 6 7 of 10 Next > 2. If the market interest rate is 10%, the bonds will issue at $2,651,193. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet < 2 3 Record the first semiannual interest payment. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2024 Interest Expense Discounts on Bonds Payable Cashi Clear entry Record entry S View general journal View transaction list Journal entry worksheet 3 Record the second semiannual interest payment. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2024 Interest Expense Discounts on Bonds Payable Cash Record entry Clear entry View general journal 9
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