Omni Video Corporation had the following bond issue: 
Required:
Prepare the following general journal entries.
a.
The issuance of the bonds on May 1, 20-A.
b.
The interest payment and discount amortization on the bonds for October 31, 20-A.
c.
The redemption of $100,000 worth of bonds on November 1, 20-F, at 98.
Correct Answer:
Verified
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