Question: Question 5 Not complete Marked out of 0.63 Flag question Recording Bonds Issued at Face Value Yale Corporation issued to Zap Corporation $30,000,8% (cash

Issued at Face Value Yale Corporation issued to Zap Corporation $30,000,8% (cash

Question 5 Not complete Marked out of 0.63 Flag question Recording Bonds Issued at Face Value Yale Corporation issued to Zap Corporation $30,000,8% (cash interest payable semiannually on July 1 and January 1) 10-year bonds dated and sold on January 1. If the bonds were sold at face value, provide the journal entries to be made at each of the following dates. Yale's fiscal year ends on December 31. a. January 1, for issuance of bonds. b. July 1, for the first interest payment. c. December 31, for the adjusting entry. Date a. Jan. 1 b. Jul. 1 c. Dec. 31 Account Name Dr. Cr. 0 000000 0 0000

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