Print by: RAQUEL AVILESACC/291 – 49164013 / Assignment: Week 3 AssignmentQuestion 11Ratzlaff Company issues 2 million, 10-year, 8% bonds at 97, with interest payable on July 1 and January1.Prepare the journal entry to record the sale of these bonds on January 1, 2014. (Credit account titlesare automatically indented when the amount is entered. Do not indent manually.)Date Account Titles and ExplanationJan. 1DebitCreditAssuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of thesebonds on January 1, 2014. (Credit account titles are automatically indented when the amount isentered. Do not indent manually.)Date Account Titles and ExplanationJan. 1DebitCreditQuestion Attempts: 0 of 3 usedCopyright © 2000-2015 by John Wiley & Sons, Inc. or related companies. All rights reserved.

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