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Brussels Enterprises issues bond at...... Check my work mode : This...

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Accounting

Brussels Enterprises issues bond at......
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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate Exercise 10-2 Recording bond issuance at par, interest payments, and bond maturity LO P1 Brussels Enterprises issues bonds at par dated January 1, 2019, that have a $2,400,000 par value, mature in four years, and pay 6% interest semiannually on June 30 and December 31. 1. Record the entry for the issuance of bonds for cash on January 1. 2. Record the entry for the first semiannual interest payment and the second semiannual interest payment 3. Record the entry for the maturity of the bonds on December 31, 2022 (assume semiannual interest is already recorded). Answer is not complete. General Journal Credit Date January 01 Debit 2,400,000 Cash Bonds payable 2.400.000 144,000 2 June 30 Bond interest expense Cash

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