Ike issues $200,000 of 9%, three-year bonds dated January 1, 2019, that pay interest semiannually...
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Accounting
Ike issues $200,000 of 9%, three-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $205,239. When the market rate is 8%. JOURNAL ENTRY BELOW
Required:1. Prepare the January 1 journal entry to record the bonds' issuance.
un vuuuuy juuni Cry Teco ule wurUS ISSUdlice. transaction list ournal entry worksheet Record the issue of bonds with a par value of $200,000 on January 1, 2019 at an issue price of $205,239. ote: Enter debits before credits. Date General Journal Debit Credit January 01 UIZZA 1. Record entry Toh Clear entry View general BEL Prev6 7 8
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