Question: How to do I figure out how to do this homework question. Home - Ivy Tech Community C X Assignments: 52K-Fall 2019-Fin X M06 Ch

How to do I figure out how to do this homework question.

How to do I figure out how to do this homework question.

Home - Ivy Tech Community C X Assignments: 52K-Fall 2019-Fin X M06 Ch 10 Homework X X https:/ewconnect.mheducation.com/flow/connect.html ... V E M06 Ch 10 Homework Saved Help Save & Exit Submit You received partial credit in the previous attempt. View previous attempt 2 Woodwick Company issues 7%, five-year bonds, on December 31, 2016, with a par value of $101,000 and semiannual interest payments 6 Semiannual Period-End points (0) 12/31/2016 Unamortized Premium Carrying Value $8, 131 $109, 131 (1) 6/30/2017 7, 318 108, 318 (2) 12/31/2017 107, 505 01:50:39 Use the above straight-line bond amortization table and prepare journal entries for the following. Book (a) The issuance of bonds on December 31, 2016. b) The first interest payment on June 30, 2017. (c) The second interest payment on December 31, 2017. View transaction list Journal entry worksheet 1 2 3 > Record the issue of bonds with a par value of $101,000 cash on December 31, 2016. Note: Enter debits before credits. Date General Journal Debit Credit Dec. 31, 2016 Cash 109, 131 Premium on bonds payable 8,131 Bonds payable 101,000 Mc Graw O ^ () 4:32 AM

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