Question: Exercise 9-13 (Algo) Record bonds issued at face amount and related semiannual interest (LO9-5) On January 1, 2024, White Water issues $420,000 of 6% bonds,




Exercise 9-13 (Algo) Record bonds issued at face amount and related semiannual interest (LO9-5) On January 1, 2024, White Water issues $420,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Required: Assuming the bonds issue for $420,000, record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30,2024 , and December 31,2024 . (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet 1 Note: Enter debits before credits
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