Question: QUESTION 14 Bond Discount/Premium - Effective Interest Method On 01/01/19, Bixby Services issued 5169,000 of six year, 12% bonds when the market rate of interest

QUESTION 14 Bond Discount/Premium - Effective Interest Method On 01/01/19, Bixby Services issued 5169,000 of six year, 12% bonds when the market rate of interest was 11%. The bonds were issued for $172.000 Besty Services uses the effective interest method to amortize any discount or premium. Semiannual interest payments are made on 06/30 and 12/31 of each year, REQUIRED: 1) Record the journal Entry for the 06/30/19 Interest payment using the effective interest method 2) Record the journal Entry for the 12/31/19 Interest payment using the effective interest method TTT Arint 3(12pti BI Wideo QUESTION 14 Bond Discount Premium - Effective Interest Method On 01/01/19. Bisby Services issued $169,000 of six year, 12% bonds when the market rate of interest was 11. The bonds were issued for 5172,000. Bosby Services uses the effective interest method to amortize any discount or premium. Semiannual interest payments are made on 06/30 and 12/31 of each year. REQUIRED: 1) Record the journal Entry for the 06/30/19 interest payment using the effective interest method. 2 Record the journal Entry for the 12/31/19 Interest payment using the effective interest method 3 3 3 TT T Arial 3 (120 T. Chek Sow and Submit to sue and submit. Click Save All Auto alla 6 O IT c 3

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