On January 1,2011,BondZ,Inc.issued $100,000 worth of 9%,20-year bonds at 100.Interest is paid annually on December 31.Complete the table below for the first TWO YEARS of the bonds.Fill in the correct dollar amount AND put an X in the appropriate box to indicate the financial statement where the amount will be found.

Question

On January 1,2011,BondZ,Inc.issued $100,000 worth of 9%,20-year bonds at 100.Interest is paid annually on December 31.Complete the table below for the first TWO YEARS of the bonds.Fill in the correct dollar amount AND put an X in the appropriate box to indicate the financial statement where the amount will be found.
On January 1,2011,BondZ,Inc.issued $100,000 worth of 9%,20-year bonds at 100.Interest is paid annually on December 31.Complete the table below for the first TWO YEARS of the bonds.Fill in the correct dollar amount AND put an X in the appropriate box to indicate the financial statement where the amount will be found.

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The Answer of On January 1,2011,BondZ,Inc.issued $100,000 worth of 9%,20-year bonds at 100.Interest is paid annually on December 31.Complete the table below for the first TWO YEARS of the bonds.Fill in the correct dollar amount AND put an X in the appropriate box to indicate the financial statement where the amount will be found.