Question: Journal entry worksheet 3 Journal entry worksheet Required information Problem 9-5A (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the

(Algo) Record bond issue and related interest (LO9-5) [The following information applies

to the questions displayed below] On January 1, 2024, Twister Enterprises, a

manufacturer of a variety of transportable spin rides, issues $590,000 of 8%

Journal entry worksheet 3 Journal entry worksheet Required information Problem 9-5A (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below] On January 1, 2024, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $590,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5A (Algo) Part 2 2. If the market interest rate is 9%, the bonds will issue at $541,948. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits belore credits

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