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  3. bramble corp. issued 2,7009%,5-year, $1,000 bonds

Bramble Corp. issued 2,7009%,5-year, $1,000 bonds dated January 1,2022, at face value. Interest is paid...

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Accounting

Bramble Corp. issued 2,7009%,5-year, $1,000 bonds dated January 1,2022, at face value. Interest is paid each January 1.
(a)
Your answer is correct.
Prepare the journal entry to record the sale of these bonds on January 1,2022.(Credit account titles are automatically indented
when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the
amounts.)
Date
Account Titles and Explanation
Debit
Credit
Jan. 1
Bonds Payable
eTextbook and Media
List of Accounts
Attempts: 1 of 3 used
(b)
Your answer is partially correct.
Prepare the adjusting journal entry on December 31,2022, to record interest expense. (Credit account titles are automatically
indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the
amounts.)
Date
Account Titles and Explanation
Debit
Credit
Dec. 31
Interest Expense
Interest Payable
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