Required Information Problem 9-4B Record bond issue and related interest (LO9-5) 3 The following infomation...
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Required Information Problem 9-4B Record bond issue and related interest (LO9-5) 3 The following infomation applies to the questions displayed below] Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2021, the company issues $1,870,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year 59 Problem 9-48 Part 1 Required: 1. If the market interest rate is 7 % , the bonds will issue at $1,870,000. Record the bond Issue on January 1, 2021, and the first two semiannual Interest payments on June 30, 2021, and December 31, 2021 (If no entry is required for a particuler transaction/event, select "No Journal Entry Required" In the first account fleld.) Journal entry worksheet




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