Ivanhoe Corporation issued $1.86 million of 5-year, 3% bonds dated January 1,2024, at 100. Interest...
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Accounting
Ivanhoe Corporation issued $ million of year, bonds dated January at Interest is payable semiannually on January and July Ivanhoe has a December year end. Prepare the journal entry to record thisale of these bonds on January List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter O for the amounts.Prepare the journal entry to record the first interest payment on July List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.Prepare the adjusting journal entry on December to accrue the interest expense. List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
Ivanhoe Corporation issued $ million of year, bonds dated January at Interest is payable semiannually on January and July Ivanhoe has a December year end.
Prepare the journal entry to record thisale of these bonds on January List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter O for the amounts.Prepare the journal entry to record the first interest payment on July List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.Prepare the adjusting journal entry on December to accrue the interest expense. List debit entry before credit entry.
Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
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