View Policies Current Attempt in Progress On January 1, 2020, Waterway Industries issued $6000000, 10-year, 4% bonds at 102. Interest is payable annually on January 1. The journal entry to record this transaction on January 1, 2020 is O Cash Bonds Payable Premium on Bonds Payable Premium on Bonds Payable Cash Bonds Payable Cash Bonds Payable 6120000 120000 6000000 6000000 6000000 120000 6120000 6000000

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