Question: Use the given information to fill out the required sections. Dobbs Company issues 8%, two-year bonds, on December 31, 2017, with a par value of






Dobbs Company issues 8%, two-year bonds, on December 31, 2017, with a par value of $92,000 and semiannual in erest payments. (0) 12/31/2017 (1) 6/30/2018 (2) 12/31/2018 (3) 6/30/2019 (4) 12/31/2019 $5,840 4,380 2,920 1,460 $86,160 89,080 90,540 92,000 Use the above straight-line bond amortization table and prepare journal entries for the following Required: (a) The issuance of bonds on December 31, 2017. b) The first through fourth interest payments on each June 30 and December 31. (c) Record the maturity of the bonds on December 31, 2019. The issuance of bonds on December 31, 2017. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $92,000 cash on December 31 2017. ore credits. Debit Credit General Journal Date Dec 31, 2017 View general journal Clear entry Record entry The first through fourth interest payments on each June 30 and December 31. View transaction list Journal entry worksheet 2 Record the interest payment and amortization on June 30, 2018. Note: Enter debits before credits. Credit Debit Date General Journal Jun 30, 2018 The first through fourth interest payments on each June 30 and December 31. View transaction list Journal entry worksheet 2 Record the interest payment and amortization on December 31, 2018. Date General Journal Debit Credit Dec 31, 2018 The first through fourth Interest payments on each June 30 and December 31. View transaction list Journal entry worksheet 2 4 Record the interest payment and amortization on June 30, 2019 Note: Enter debits before credits Debit Credit General Journal Date Jun 30, 2019 The first through fourth Interest payments on each June 30 and December 31. View transaction list Journal entry worksheet 2 2 4 Record the interest payment and amortization on December 31, 2019. General Journal Date Debit Credit Dec 31, 2019 View general journal Clear entry Record entry Record the maturity of the bonds on December 31, 2019. View transaction list Journal entry worksheet Record the payment on maturity on December 31, 2019. Note: Enter debits before credits. Credit Debit General Journal Date Dec 31, 2019
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