Question: apparently my number 1 for this jounral entry is wrong. just correct it please 2. Prepare the journal entry to record their issuance by National
2. Prepare the journal entry to record their issuance by National on January 1, 2021. 3. Prepare an amortization schedule that determines interest at the effective rate each period. 4. Prepare the journal entry to record interest on June 30, 2021. 5. Prepare the appropriate journal entries at maturity on December 31, 2024. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Prepare the appropriate journal entries at maturity on December 31, 2024. (If no entry is required for a transaction/event, selec journal entry required" in the first account field. Round intermediate calculations and final answers to the nearest whole dollar.) View transaction list View Journal entry worksheet No Credit Dobit General Journal Date December 31 2024 1 44,786 Interest expense Cash 44,786 December 31 2024 2 900,000 Bonds payable Cash 900,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
