Question: Quick! how do I answer the things I got wrong? very stuck. thank you. Exercise 10-20 Adcock Company issued $600,000, 9%, 20-year bonds on January
Quick! how do I answer the things I got wrong? very stuck. thank you.


Exercise 10-20 Adcock Company issued $600,000, 9%, 20-year bonds on January 1, 2019, at 103. Interest is payable annually on January 1. Adcock uses straight-line amortization for bond premium or discount. Your answer is partially correct. Try again. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Cash 654000 Bonds Payable :1 ~/ III Premium on Bonds Payable SHOW LIST OF ACCOUNTS 600000 Ill LINK TO TEXT VIDEO: SIHIIAR EXERCISE ' CALCULATOR ' ' FULL SCREEN ' ' FRINTERVERSION ' i 1 BACK 'm when amount is entered. Do not indent manually.) Date Account Tides and Explanation Debit Credit w/ w/ remium on Bonds _ayable 350 \\ snow LIST OF ACCOUNTS \\ \\ LINK To TEXT i VIDEO: mmmi El Your answer is incorrect. Try again. Prepare the journal entry to record the payment of interest on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tides and Explanation Debit Credit X X X Jan. 1
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