Question: Answer the following problems: On January 1, 2019, Candlestick, Inc. issues $100,000, five-year, 10% bonds at $100,000 (100% of face value). Prepare the entry to

Answer the following problems: On January 1, 2019, Candlestick, Inc. issues

Answer the following problems: On January 1, 2019, Candlestick, Inc. issues $100,000, five-year, 10% bonds at $100,000 (100% of face value). Prepare the entry to record the sale. On January 1, 2019, Candlestick, Inc. sells $100,000, five-year, 10% bonds for $98,000 (98% of face value). Interest is payable annually January 1. Prepare the entry to record the issuance. On January 1, 2019, Candlestick, Inc. sells $100,000, five-year, 10% bonds for $102,000 (102% of face value). Interest is payable annually January 1. Prepare the entry to record the issuance

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