On January 1,2026, Taylor Accounting Services issued $53,000 of 9% bonds that mature in five...
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Accounting
On January Taylor Accounting Services issued $ of bonds that mature in five years. They were issued at The bonds pay semiannual interest payments on June and December of each year using the straight line amortization method. What is the joumal entry for the interest payment made on June
A Cash
Discount on Bonds Payable
Interest Expense
B Cash
C Interest Expense Discount on Bonds Payable
Cash
D Interest Expense
Cash
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