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Company issued a $130,000​, 4%​, 10​-year bond payable at 97 on January​ 1, 2018. Interest is...

Company issued a $130,000​, 4%​, 10​-year bond payable at 97 on January​ 1, 2018. Interest is paid semiannually on January 1 and July 1.

1.

Journalize the issuance of the bond payable on January​ 1, 2018.

2.

Journalize the payment of semiannual interest and amortization of the bond discount or premium on July​ 1, 2018.

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credit Answer (1) Journal Entry - Date particulary Ibebit Jan? Cash (1301000x0,97) Ale dr $126,100 2018 Discount on bonds pa

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