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.
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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 manufocturer of a vatiety of transportable spin rides, issues $550,000 of 78 bonds, due in 15 years, with interest paysble semiannually on June 30 and December 31 each yeat. Problem 9-5A (Algo) Part 3 3. If the market interest rate is 6%, the bonds will issue ot $603,901. 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 o particular transection/avent, select "No Journol Entry Required" in the first occount field. Round your onswers to the nearest dollar amount.) Journal entry worksheet 3 Record the bond issue. Note: Enter debits before crests. Journal entry worksheet 3 Record the first semiannual interest payment. Note: Enter debits before credits. Problem 9.5A (Algo) Record bond issue and related interest (L.09-5) [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 $550 bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each yeat. Problem 9-5A (Algo) Part 3 3. If the market interest rate is 6%, the bonds will issue at $603,901. Record the bond issue on January 1, 2024, and semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for o porticular select "No Journol Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits
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