Question: Requlred Informetion 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.
Requlred Informetion 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 $410,000 of 6% bonds, due in 15 years. with interest payable semiannually on June 30 and December 31 each year roblem 9-5A (Algo) Part 2 If the market interest rate is 7%, the bonds will issue at $372296. Record the bond issue on January 1,2024 , and the first two if thiannual interest payments on June 30. 2024, and December 31, 2024. (If no entry is requlred for a particuler tronsaction/event, select "No Journal Entry Required" In the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet Record the first semiannual interest payment. Hoke finter debifs before aredite
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