Question: Required information Problem 9-5A (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.] On January 1, 2024,
Required information Problem 9-5A (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.] On January 1, 2024, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $440,000 of 6% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. oblem 9.5A (Algo) Part 1 quired: If the market interest tate is 6%, the bonds will issue ot $440,000. Record the bond issue on January 1, 2024, and the first two miannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a porticulor transoction/event, lect "No Journol Entry Required" in the first occount field.)
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