Question: 2 : Problems Saved Snap Company issues 1 2 % , five - year bonds, on January 1 of this year, with a par value

 2: Problems Saved Snap Company issues 12%, five-year bonds, on January
2: Problems
Saved
Snap Company issues 12%, five-year bonds, on January 1 of this year, with a par value of $130,000 and semiannual interest payments.
(0) January 1, issuan
(1) June 30, first pa
(2) December 31, seco
Use the above bond amo
interest payment on June
Journal entry worksheet
1
2
3
Record the issuance of the bonds.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[January 01,,1,],[,,,2010],[,,1nen,Dind],[,,12102,MAN],[,,AnCl,10100],[,,,Bond]]
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1 of this year, with a par value of $130,000 and semiannual

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