bonds

Project Description:

on october 1, 2011 haden railroad co. issued $800,000 of 10-year bonds paying a 9% interest rate with interest payable semiannually on april 1 and october 1. the discount rate for such securities is 8%. haden uses the straight line amortization method.

• prepare the journal entry to record issuance of bond.
• prepare the journal entry to accrue the interest on march 30, 2012
• prepare the journal entry to pay the interest on april 1, 2012
Skills Required:
Project Stats:

Price Type: Negotiable

Completed
Total Proposals: 5
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