Dunphy Company issued $44,000 of 10.0%, 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31. Prepare the entries for (a) the issuance of the bonds and (b) the first interest payment on June 30.

S/n   Date        General Journal              Debit       Credit

a      Jan 01      Cash                              $44,000

                              Bonds payable                         $44,000

b      June 30   Interest expense          $2,200

                        ($44,000*10%*6/12)

                               Cash                                        $2,200

d. low interest rates

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.