Question: Help Save & E 1 A company issues 7% 8-year bonds with a face amount of $60,000 for $56,504 on January 1 2021. The market

Help Save & E 1 A company issues 7% 8-year bonds with a face amount of $60,000 for $56,504 on January 1 2021. The market interest rate for bonds of similar risk and maturity is 8% Interest is paid semiannually on June 30 and December 31 Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021. Of no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) 00:29:30 View transaction ist Journal entry worksheet Record the bond issue. Note: Enter debits before credits General Journal Debit Credit Date January 01 2021 View general Journal Clear entry Record entry A company issues 7% 8-year bonds with a face amount of $60,000 for $56,504 on January 1 2021 The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid semiannually on June 30 and December 31 Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021. Of no entry is required for a particular transactionlevent. select "No Journal Entry Required in the first account field.) 9002 View transaction list Journal entry worksheet

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