Question: please help Required information Problem 10-10AB Effective Interest: Amortization of bond LO P6 [The following information applies to the questions displayed below.] Ike issues $150,000
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Required information Problem 10-10AB Effective Interest: Amortization of bond LO P6 [The following information applies to the questions displayed below.] Ike issues $150,000 of 11%, three-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $153,805. When the market rate is 10% Problem 10-10AB Part 4 4. Prepare the journal entries to record the first two interest payments. Journal entry worksheet Record the first interest payment on June 30. Note: Enter debits before credits. Journal entry worksheet Record the second interest payment on December 31 . Note: Enter debits before credits
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