Question: **Explanations / Calculations if needed please *Brief Exercise 14-6 On January 1, 2017, Splish Corporation issued $590,000 of 9% bonds, due in 8 years. The

 **Explanations / Calculations if needed please *Brief Exercise 14-6 On January

**Explanations / Calculations if needed please

*Brief Exercise 14-6 On January 1, 2017, Splish Corporation issued $590,000 of 9% bonds, due in 8 years. The bonds were issued for $558 028, and pay interest each july 1 and January 1 Splish uses the effective interest method. Prepare the company's o mal entries for a the January 1 issuance, b the july 1 interest payment, and c) the December 31 a ust ng entry. A s me an eme tive interest rate or i 0%. Rou d intern ediate alculatio s to 6 decimal places, e.g. 1.251247 and final answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit (a) Jan. 1, 2017

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