Question: E15.4 Prepare entries for bonds issued at face value. (L 2) Laude Company issued $400 000 of 9%, 10-year bonds on January 1, 2020, at

E15.4 Prepare entries for bonds issued at face value. (L 2) Laude Company issued $400 000 of 9%, 10-year bonds on January 1, 2020, at face value. Interest is payable annually on January 1, 2021. Instructions Prepare the journal entries to record the following events. (a) The issuance of the bonds. (b) The accrual of interest on December 31, 2020. (c) The payment of interest on January 1,2021 (d) The redemption of bonds at maturity, assuming interest for the last hiterest period has been paid and recorded

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