Question

rief Exercise 9-6 Record bond issue at face amount and related semiannual interest (LO9-5) etzelmania, Inc., issues 5%, 10-year bonds with a face amount of $53,000 for $53,000 on January 1, 2021. The market terest rate for bonds of similar risk and maturity is 5%. Interest is paid semiannually on June 30 and December 31. equired: & 2. Record the bond issue and first interest payment on June 30, 2021. (If no entry is required for a particular ansaction/event, select \"No Journal Entry Required\" in the first account field.) View transaction list Journal entry worksheet < 1 2 Record the first interest payment. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2021 Interest Expense Cash Record entry Clear entry View general journal >

          rief Exercise 9-6 Record bond issue at face amount and related semiannual interest (LO9-5)
etzelmania, Inc., issues 5%, 10-year bonds with a face amount of $53,000 for $53,000 on January 1, 2021. The market
terest rate for bonds of similar risk and maturity is 5%. Interest is paid semiannually on June 30 and December 31.
equired:
& 2. Record the bond issue and first interest payment on June 30, 2021. (If no entry is required for a particular
ansaction/event, select \"No Journal Entry Required\" in the first account field.)
View transaction list
Journal entry
worksheet
<
1
2
Record the first interest payment.
Note: Enter debits before credits.
Date
General Journal
Debit
Credit
June 30, 2021 Interest Expense
Cash
Record entry
Clear entry
View general journal
>

rief Exercise 9-6 Record bond issue at face amount and related semiannual interest (LO9-5)
etzelmania, Inc., issues 5%, 10-year bonds with a face amount of $53,000 for $53,000 on January 1, 2021. The market
terest rate for bonds of similar risk and maturity is 5%. Interest is paid semiannually on June 30 and December 31.
equired:
2. Record the bond issue and first interest payment on June 30, 2021. (If no entry is required for a particular
ansaction/event, select N̈o Journal Entry Requiredïn the first account field.)
View transaction list
Journal entry
worksheet
<
1
2
Record the first interest payment.
Note: Enter debits before credits.
Date
General Journal
Debit
Credit
June 30, 2021 Interest Expense
Cash
Record entry
Clear entry
View general journal
>

Added by Linda R.

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