Question: its the same question just different journal entry On March 31, 2021, Gardner Corporation received authorization to issue $50,000 of 9 percent, 30-year bonds payable.


On March 31, 2021, Gardner Corporation received authorization to issue $50,000 of 9 percent, 30-year bonds payable. The bonds pay interest on March 31 and September 30. The entire issue was dated March 31, 2021, but the bonds were not issued until April 30, 2021 They were issued at face value o. Prepare the journal entry at April 30, 2021, to record the sale of the bonds b. Prepare the journal entry at September 30, 2021, to record the semiannual bond interest payment c. Prepare the adjusting entry at December 31, 2021, to record bond interest expense accrued since September 30, 2021. Assume that no monthly adjusting entries to accrue interest expense had been made prior to December 31, 2021) If no entry is required for a transaction/event, select "No journal entry required" In the first account field.) View transaction list Journal entry worksheet 1 2 Record the sale of bonds. Note: Enter debits before credits General Journal Date Apr 30, 2021 Debit Credit Record entry Clear entry View general journal On March 31, 2021. Gardner Corporation received authorization to me $50,000 of 9 percent, 30 year bonds payable. The bonds pay Interest on March 31 and September 30. The entire issue was dated March 31, 2021, but the bonds were not sued unt Apr 30,2021 They were issued at face value a. Prepare the journal entry at April 30, 2021, to record the sale of the bonds b. Prepare the journal entry at September 30, 2021, to record the semiannual bond interest payment c. Prepare the adjusting entry at December 31, 2021. to record bond interest expense accrued since September 30, 2021 (Assume that no monthly adjusting entries to accrue interest expense sad been made prior to December 31, 2021) of no entry is required for a transaction/event, select "No journal entry required" in the first account fold) View transaction list Journal entry worksheet 1 3 Record the semiannual bond interest payment. Note Enter debits before credits Debit Credit General Journal Date Sep 30, 2021 View general journal Record entry Clear entry On March 31, 2021, Gardner Corporation received authorization to issue $50,000 of 9 percent. 30-year bonds payable. The bonds pay Interest on March 31 and September 30. The entire issue was dated March 31, 2021, but the bonds were not issued until April 30, 2021, They were issued at face value. 6. Prepare the journal entry at April 30, 2021, to record the sale of the bonds b. Prepare the journal entry at September 30, 2021, to record the semiannual bond interest payment c. Prepare the adjusting entry at December 31, 2021, to record bond interest expense accrued since September 30, 2021. (Assume that no monthly adjusting entries to accrue interest expense had been made prior to December 31, 2021) (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the semiannual bond Interest payment. Notes Enter debts before credits General Journal Date Sep 30, 2021 Debit Credit Record entry Clear entry View general Journal
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