Question: i know the answer but i dont know how can you help me with a accurcy solution plzz E14.4 (LOD) (Entries for Bond Transactions) Foreman
E14.4 (LOD) (Entries for Bond Transactions) Foreman Cleaners issued 800,000 of 10%, 20- year bonds on January 1, 2022, at 119.792 to yield 8%. Interest is payable semiannually on July 1 and January 1. Instructions Prepare the journal entries to record the following. a. The issuance of the bonds b. The payment of interest and the related amortization on July 1, 2022. c. The acerual of interest and the related amortization on December 31, 2092
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