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Prepare the appropriate entries for october

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Reference no: EM132488770

Extra Gold Corporation had a $1,240,000, 9.0% bond available for issue on September 1, 2020. Interest is to be paid quarterly beginning November 30. All of the bonds were issued at par on October 1.

Question 1: Prepare the appropriate entries for

Question 1a. October 1, 2020

Question 1b. November 30, 2020

Question 1c. December 31, 2020 (Extra Gold's year-end)

Question 1d. February 28, 2021

Reference no: EM132488770

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