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On January 1, 2021, Blue Hat Company Issues a Bond

Question 71

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On January 1, 2021, Blue Hat Company issues a bond with a maturity on December 31, 2021. The market rate is 7%. Coupon rate is 6%. Interest is paid each June 30 and December 31. Assume at Dec 31, year end. Blue Hat Company's accounting staff properly prepared a bond amortization schedule below.
On January 1, 2021, Blue Hat Company issues a bond with a maturity on December 31, 2021. The market rate is 7%. Coupon rate is 6%. Interest is paid each June 30 and December 31. Assume at Dec 31, year end. Blue Hat Company's accounting staff properly prepared a bond amortization schedule below. -Assuming a March 31,year-end as in part f above,make the entry to pay interest on June 30,2020
-Assuming a March 31,year-end as in part f above,make the entry to pay interest on June 30,2020

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