Question: Question 5 (10 points) B1, C1 ( out of 10) On January 1, Halston Enterprises issued 8%, 10-year bonds with a face amount of $300,000

Question 5 (10 points) B1, C1 ( out of 10) On January 1, Halston Enterprises issued 8%, 10-year bonds with a face amount of $300,000 for 330,000. Interest is payable semiannually on June 30 and December31. After 8 years, the Halston Enterprises bonds are recalled at 101%. Assume that the carrying value of the bonds at the redemption date is $327,000. Instructions Prepare the entries to record the issuance of the bonds, the first semiannual interest payment and redeeming bonds at maturity Date Account Debit Credit

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