Question: Need help calculating the interest! The Marin Company issued $ 3 1 0 , 0 0 0 of 1 0 % bonds on January 1
Need help calculating the interest!
The Marin Company issued $ of bonds on January The bonds are due January with interest payable each July and January The bonds were issued at
Prepare the journal entries for a January b July and c December ume The Marin Company records straightline amortization semiannually. If no entry is required, select No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.
Date
Cash
Discount on Bonds Pyable
Bonds Payable
Interest Expense
Discount on Bonds Payable
Account Titles and Explanation
Interest Expense
Debit
table
Discount on Bonds Payable
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