Question: 235 236 237 238 Problem 12 BONDS PAYABLE 3 journal entries Problem 12 239 240 241 1/1/2021 ABC Corp. issues bonds at face value for

235 236 237 238 Problem 12 BONDS PAYABLE 3 journal entries Problem 12 239 240 241 1/1/2021 ABC Corp. issues bonds at face value for 100,000 GENERAL JOURNAL 242 Interest is payable semi-annually on July 1 and January 1. Date Account Title Debit Credit 243 Stated interest rate is 6% 244 245 INSTRUCTIONS: Prepare the journal entries to issue the bonds, pay interest and accrue 246 the interest at year end, + 247 248 249 250

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