On January 1,2017,Door #2 Services issued $20,000 of 8% bonds that mature in five years.They were issued at par.The bonds pay semiannual interest payments on June 30 and December 31 of each year.Provide the journal entry for the payment made on June 30,2017.

Question

Quizplus · Accepted Answer

The Answer of On January 1,2017,Door #2 Services issued $20,000 of 8% bonds that mature in five years.They were issued at par.The bonds pay semiannual interest payments on June 30 and December 31 of each year.Provide the journal entry for the payment made on June 30,2017.

On January 1,2017,Door #2 Services Issued $20,000 of 8% Bonds