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14.2 .. . Cengage CengageNOWv2 | Onl X C Chegg Study | Guided Sol 142 Issuing Bo

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Question

14.2

.. . Cengage CengageNOWv2 | Onl X C Chegg Study | Guided Sol 142 Issuing Bonds at a Fa Samsung Galaxy S9 Plus O v2 cengageno con ilm takeAss gnment take ssignmentain doinvoker-assignments takeAssignmentsess on ocator-assignment t Ch 14-2 Practice Exercises eBook Show Me How Calculator Print item Issulng Bonds at a DIscount 1. PE. 14-01.ALGO On the first day of the fiscal year, a company issues a $2,900,000, 6%, 9-year bond that pays semiannual interest of $87,000 ($2,900,000 x 6% x 2. PE.14-02.ALGO ), receiving cash of $2,708,748 3. PE.14-03.ALGO Journalize the bond issuance. If an amount box does not require an entry, leave it blank. 4. PE.14-04.ALGO 5. PE.14-05.ALGO 6. PE.14-06.ALGO 7. PE.14-07.ALGO 8. PE.14-08.ALGO 9. PE. 14-09.ALGO Check My Work 2 more Check My Work uses remalning Previous Next Progress: 3/9 items Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading 9:30 PM Type here to search /19/2018 2

Explanation / Answer

Particular Debit ($) Credit ($) Cash 2,708,748 Discount on bonds payable 191,252 Bonds payable 2,900,000

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