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2.List and describe each of the characters of the story. please brainliest
The impacts of natural disasters are limited to property damage and loss of life. Breaks in which of the following led to the flooding of New Orleans during Hurricane Katrina? Coastal urbanization does not increase the risk to human communities from which of the following natural disasters?
The journal entry to record interest on June 30, 2021 is: Debit Interest expense $8million; Credit Cash $8 million.
<h3>Journal entries</h3>
Rapid airlines Journal entries
1. June 30, 2021
Debit Interest expense $8million
Credit Cash $8 million
[($200 million ×8%) ×6/12]
2. Dec 31, 2021
Debit Interest expense $8 million
Credit Cash 8 million
[($200 million ×8%) ×6/12]
3. Dec 31, 2021
Debit Bonds Payable $12million
Credit Adjustment in fair value $12 million
($200 million - $188 million)
Inconclusion the journal entry to record interest on June 30, 2021 is: Debit Interest expense $8million; Credit Cash $8 million.
Learn more about journal entries here:brainly.com/question/14279491