Required information [The following information applies to the questions displayed below.] Dunphy Company issued $24,000 of 9.5%, 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31. Prepare the entries for (a) the issuance of the bonds and (b) the first interest payment on June 30. View transaction list Journal entry worksheet 1 2 Record the issuance of the bonds. Note: Enter debits before credits. Date January 01 Record entry General Journal Clear entry Debit Credit View general journal
Required information [The following information applies to the questions displayed below.] Dunphy Company issued $24,000 of 9.5%, 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31. Prepare the entries for (a) the issuance of the bonds and (b) the first interest payment on June 30. View transaction list Journal entry worksheet 1 2 Record the issuance of the bonds. Note: Enter debits before credits. Date January 01 Record entry General Journal Clear entry Debit Credit View general journal
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me with show all calculation thanku
Transcribed Image Text:Journal entry worksheet
<
1
Record the first interest payment on June 30.
Note: Enter debits before credits.
Date
June 30
Record entry
General Journal
Clear entry
Debit
Credit
View general journal
![Required information
[The following information applies to the questions displayed below.]
Dunphy Company issued $24,000 of 9.5%, 10-year bonds at par value on January 1. Interest is paid semiannually each
June 30 and December 31.
Prepare the entries for (a) the issuance of the bonds and (b) the first interest payment on June 30.
View transaction list
Journal entry worksheet
1.
2
Record the issuance of the bonds.
Note: Enter debits before credits.
Date
January 011
Record entry
General Journal
Clear entry
Debit
Credit
View general journal](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4cf9133d-2dd4-45f6-b833-be7167a81438%2Fac7c0784-d600-4470-8169-3486071c8053%2Fq5yrmjj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Dunphy Company issued $24,000 of 9.5%, 10-year bonds at par value on January 1. Interest is paid semiannually each
June 30 and December 31.
Prepare the entries for (a) the issuance of the bonds and (b) the first interest payment on June 30.
View transaction list
Journal entry worksheet
1.
2
Record the issuance of the bonds.
Note: Enter debits before credits.
Date
January 011
Record entry
General Journal
Clear entry
Debit
Credit
View general journal
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