3. Edafus has a $500,000, 6% bond outstanding with a discount of $85,162 at issuance. The...

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3. Edafus has a $500,000, 6% bond outstanding with a discount of $85,162 at issuance. The market rate of interest was 8%. Record journal entries for the first two annual payments. Year 1 Year 2 4. Fetharus issued a $500,000, 6% bond at face on September 1, 2023. Interest is paid quarterly on November 30, February 28, May 31, and August 31. Record the journal entries for the issuance of the note and the November 30, 2023, and February 28,2024 payments. 9/1/2023 11/30/2023 2/28/2023 5. Gingarapus purchased a $875,000 fire truck by issuing a 7 year, 6%, $850,000 note. Record the journal entry for the purchase of the fire truck. 6. Haranitus purchased a $312,000 generator for $306,185 cash. Record the journal entry for the purchase of the generator. 3. Edafus has a $500,000, 6% bond outstanding with a discount of $85,162 at issuance. The market rate of interest was 8%. Record journal entries for the first two annual payments. Year 1 Year 2 4. Fetharus issued a $500,000, 6% bond at face on September 1, 2023. Interest is paid quarterly on November 30, February 28, May 31, and August 31. Record the journal entries for the issuance of the note and the November 30, 2023, and February 28,2024 payments. 9/1/2023 11/30/2023 2/28/2023 5. Gingarapus purchased a $875,000 fire truck by issuing a 7 year, 6%, $850,000 note. Record the journal entry for the purchase of the fire truck. 6. Haranitus purchased a $312,000 generator for $306,185 cash. Record the journal entry for the purchase of the generator.