gabesurlas
25.03.2021 •
Business
Synergy Corporation is authorized to issue $1,200,000 of 8% bonds. Interest on the bonds is payable semiannually; the bonds are dated January 1, 2019, and are due December 31, 2023.Required:Prepare the journal entries to record the following:a.January 1, 2019Sold the bonds at parb.June 30, 2019First interest paymentc.December 31, 2019Second interest payment
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