On January 1, 2013, Davie Services issued $20,000 of 8% bonds that mature in five years. They were sold at par. The bonds pay semiannual interest payments on June 30 and December 31 of each year. Please provide the journal entry for the payment made on June 30, 2013.

Correct Answer:
Verified
Q104: Blanding Company issues $1,000,000 of 8%,10-year bonds
Q105: McDonald Sales prepared a bond issue of
Q108: The Amazing Widget Company issues $500,000 of
Q122: On January 1, 2013, Davie Services issued
Q125: McDonald Sales prepared a bond issue of
Q126: FICA tax payable would normally be shown
Q128: Accounts payable is always shown on the
Q128: On November 1, 2013, Archangel Services issued
Q130: Balances for bonds payable on the balance
Q132: Interest payable would normally be shown on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents