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Provide journal entry by woonona ltd on july

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Reference no: EM132696105

On 1 July 2018 Woonona Ltd issued $4 million in five year debentures that pay interest annually at a coupon rate of 6% per annum. At the time of issue of the debentures, the market requires a return of 4% per annun.

Required

Problem 1. Provide journal entry(s) by Woonona Ltd on 1 July 2018

Problem 2. Provide journal entryls) by Woonona Ltd on 30 June 2019

Problem 3. Provide journal entry(s) by Woonona Ltd on 30 June 2023

Reference no: EM132696105

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