Company C issues $250,000 worth of 8% bonds dated February 1, 20x2 on April 1,...
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Accounting
Company C issues $250,000 worth of 8% bonds dated February 1, 20x2 on April 1, 20x2. Interest will be paid semiannually on July 31 and January 31. The company's fiscal year ends on December 31.
Required: Record all journal entries required for the company from 2/1/x2 through 7/31/x3.
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