(Answered) 1 the colson company issued 300000 of 10 bonds on january 1

Accounting

1. The Colson Company issued $300,000 of 10% bonds on January 1, 2011. The bonds are due January 1, 2016, with interest payable each July 1 and January 1. The bonds are issued at face value. Prepare Colson's journal entries for

(a) The January issuance,

(b) The July 1 interest payment, and

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