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

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 $490,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5A (Algo) Part 1 Required: 1. If the market interest rate is 8%, the bonds will issue at $490,000. Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the bond issue. Notes Enter debits before credits. 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 $490,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. roblem 9-5A (Algo) Part 1 equired: If the market interest rate is 8%, the bonds will issue at $490,000. Record the bond issue on January 1,2024 , and the first two imiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, lect "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the first semiannual interest payment. Note: Enter debits before cred ts. 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 $490,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each yeat: Problem 9-5A (Algo) Part 1 Required: 1. If the market interest rate is 8%, the bonds will issue at $490.000. Record the bond issue on January 1,2024, and the first two inemiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the second semiannual interest payment. Note: Enter tebits before credits

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