Question: Required information Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) The following information applies to the questions displayed below] Viking Voyager specializes in
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Required information Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) The following information applies to the questions displayed below] Viking Voyager specializes in the design and production of replica Viking boats. On January 1,2024, the company issues $1,870,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Port 1 tequired: If the market interest rate is 7%, the bonds will issue at $1,870,000. Record the bond issue on January 1, 2024, and the first two emiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a porticular transoction/event, elect "No Journal Entry Required" in the first occount field.) Journal entry worksheet Record the bond issue. Notei Enter debits before credits. Required information Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below] Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $1,870,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Part 1 equired: If the market interest rate is 7%, the bonds will issue at $1,870,000. Record the bond issue on January 1,2024 , and the first two emiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, elect "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the first semiannual interest payment. Note: Enter debits betore credits. Required information Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below] Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $1,870,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Port 1 Required: Required: 1. If the market interest rate is 7%, the bonds will issue at $1,870,000. Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30,2024, and December 31, 2024. (ff no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first occount field.) Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits
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