need help On January 1. Furber Industries issues 4 percent,...
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On January 1. Furber Industries issues 4 percent, 20-year boeds poyable with a maturity value of 370,060 , The bonds sedt at 96 and pary literest on January 1 and July. 1. Fuper industries amortizes any bond discount or premum by the straight-line method. Requirements 1. Record the issuance of the bonds on danuary 1. 2. Record the semiannual interest payment and amortization of any bond discount or premium on July 1 Requirement 1. Recort the issuance of the bonds on January 1. (Record debits frst, then credits. Eixclude explanatont from ary journal entriot)
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