On January 1,2014,Tarantino Corporation issued $4,000,000,9%,5-year bonds at 96.The bonds pay semiannual interest on January 1 and July 1.Tarantino uses the straight-line method of amortization and has a calendar year end.
Required:
Prepare all the journal entries that Tarantino Corporation would make related to this bond issue through January 1,2015.Omit explanations.
Correct Answer:
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