Cupola fan corporation issued 8%, $470,000, 10-year bonds for $459,000 on june 30, 2018. debt issue costs were $2,200. interest is paid semiannually on december 31 and june 30. one year from the issue date (july 1, 2019), the corporation exercised its call privilege and retired the bonds for $465,000. the corporation uses the straight-line method both to determine interest expense and to amortize debt issue costs. required: 1. to 4. prepare the journal entry to record the issuance of the bonds, the payment of interest and amortization of debt issue costs on december 31, 2018 & 2019, and the call of the bonds. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)
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Cupola fan corporation issued 8%, $470,000, 10-year bonds for $459,000 on june 30, 2018. debt issue...
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