Question: Ch 10: Assignment 1 1 Saved 3.33 points eBook Exercise 10-2 (Algo) Recording bond issuance at par, interest payments, and bond maturity LO P1 Brussels

Ch 10: Assignment 1 1 Saved 3.33 points eBook Exercise 10-2 (Algo) Recording bond issuance at par, interest payments, and bond maturity LO P1 Brussels Enterprises issues bonds at par dated January 1, 2021, that have a $2,000,000 par value, mature in four years, and pay 9% interest semiannually on June 30 and December 31. 1. Record the entry for the issuance of bonds for cash on January 1. 2. Record the entry for the first semiannual interest payment and the second semiannual interest payment. 3. Record the entry for the maturity of the bonds on December 31, 2024 (assume semiannual interest is already recorded). View transaction list Hint " Print Journal entry worksheet References Mc Graw 2 3 4 Record the issuance of bonds for cash on January 1. Note: Enter debits before credits. Date January 01 General Journal Debit Credit Record entry Clear entry View general journal >

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