Every human has a desire for better standards of living. For this, they need to change with their desires and wants for the better in terms of food, clothing, and living
<span>This position on grace
sees the convicting and enabling work of the Holy Spirit accompanying the
preaching of the gospel and believes this work is accomplished in every
believer with the Sprit of Jesus Christ. The Sovereign Grace Churches has the
main mission to spread the Gospel of Jesus. </span>
Answer:
Explanation:
The journal entries are shown below:
On Jan 1 - Cash A/c Dr $5,000,000
To Bonds Payable A/c $5,000,000,
(Being bond is issued)
On June 30 - Interest expense A/c Dr $150,000
To Cash A/c $150,000
(Being interest paid for cash)
On December 31, Bonds Payable A/c Dr $5,000,000
To Cash A/c $5,000,000
(Being payment of principal is recorded on the maturity date)
