Question: General Journal urnal TE CCOUNT TITLE POST. REF. DEBIT CRE 1, 2016 Cash 408,480.00 Discount on Bonds Payable 11,520.00 Bonds Payable 420,0 Jun. 30 Interest

General Journal urnal TE CCOUNT TITLE POST. REF. DEBIT CRE 1, 2016 Cash 408,480.00 Discount on Bonds Payable 11,520.00 Bonds Payable 420,0 Jun. 30 Interest Expense 1,920.09 Cash Discount on Bonds Payable Dec. 31 Interest Expense Cash Discount on Bonds Payable Work All work saved Email Instructor Save an HOLDZU DELL W prt sc home endGeneral Journal X Bryan Company issued $420,000 of 8% face value bonds on January 1, 2016, for $408,480. The bonds are due December 31, 2018, and pay interest semiannually on June 30 and December 31. Bryan uses the straight-line amortization method. Required: Prepare the journal entries to record the issuance of the bonds and the first two interest payments. Cach Check My Work Previous Next All work saved. Email Instructor Save and Exit Submit Assignment for Gradin HOLDLC 10/26

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