Question: Click Submit to complete this assessment Question 53 Cougar Corp. sold 2-year, 6%, 5200,000, bonds on January 1, 2021 for $196,000. Interest is paid semi-annually
Click Submit to complete this assessment Question 53 Cougar Corp. sold 2-year, 6%, 5200,000, bonds on January 1, 2021 for $196,000. Interest is paid semi-annually on June 30 and December 31: 2 points What is the journal entry to record the issuance of the Bond on 1/1/2021? 8 points: Complete the amortization schedule below Period ended Cash Paid Interest expense amortization Carrying amount 06/30/2021 12/31/2021 06/30/2022 12/31/2022 For the toolbar, press ALT+F10 (PC) or ALT FN+F10 (Mac) BTS Paragraph Arial ili Ili I. IN C a 14px Search O RI
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