On January 1, 2014, Beltway Enterprises issued 9%, 5-year bonds with a face amount of €900,000 at par. Interest is payable semiannually on June 30 and December 31.
Instructions
Prepare the entries to record the issuance of the bonds and the first semiannual interest payment.

Question

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The Answer of On January 1, 2014, Beltway Enterprises issued 9%, 5-year bonds with a face amount of €900,000 at par. Interest is payable semiannually on June 30 and December 31.
Instructions
Prepare the entries to record the issuance of the bonds and the first semiannual interest payment.

On January 1, 2014, Beltway Enterprises Issued 9%, 5-Year Bonds