Question: 10 POINTS PROBLEM 10 - BONDS PAYABLE 162 163 PROBLEM 10 - BONDS PAYABLE 3 JOURNAL ENTRIES 164 65 66 On January 1, 2021, Glaser

 10 POINTS PROBLEM 10 - BONDS PAYABLE 162 163 PROBLEM 10

10 POINTS PROBLEM 10 - BONDS PAYABLE 162 163 PROBLEM 10 - BONDS PAYABLE 3 JOURNAL ENTRIES 164 65 66 On January 1, 2021, Glaser Corp, issued 5 year 5% bonds payable at face value of 67 Interest is payable semi-annually on July 1 and January 1. 68 69 INSTRUCTIONS: Prepare the journal entries to issue the bonds, pav interest and 70 accrue the interest at year end. 300,000 Date GENERAL JOURNAL Account Title OWN 889 73 Sheet1 Sheet2 Sheet3

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