Question: Required: 1 . & 2 . Prepare the journal entries for the issuance of the bonds by Madison and interest payment for June 3

Required: 1.\& 2. Prepare the journal entries for the issuance of the bonds by Madison and interest payment for June 30,2024.3. Prepare the journal entries for the June 30,2026, interest payment by Madison and the conversion of the bonds (book value method).
Required: 1 . \ & 2 . Prepare the journal entries

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