On Jan 1 2016, Acme2 sold a 5 year $100,000 zero coupon bond to Presto for...
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On Jan 1 2016, Acme2 sold a 5 year $100,000 zero coupon bond to Presto for $283,715 Yielding Presto 12% p.a. Journalize the Bond Sale for Acme2. Jan 1 Bond Sale Journalize the year-end adjusting Dec Adjusting Entry 31 Dr. Dr. Cr. Cr. E14-2 On Jan 1 2016, Acmel sold a 10 year $500,000 zero coupon bond to Presto for $160,985, yielding Presto 12% p.a. Journalize the Bond Sale for Acmel. Jan 1 Bond Sale Journalize the year-end adjusting Dec Adjusting Entry 31 Dr. Dr. Cr. 2 Cr. On Jan 1 2016, Acme2 sold a 5 year $100,000 zero coupon bond to Presto for $283,715 Yielding Presto 12% p.a. Journalize the Bond Sale for Acme2. Jan 1 Bond Sale Journalize the year-end adjusting Dec Adjusting Entry 31 Dr. Dr. Cr. Cr. E14-2 On Jan 1 2016, Acmel sold a 10 year $500,000 zero coupon bond to Presto for $160,985, yielding Presto 12% p.a. Journalize the Bond Sale for Acmel. Jan 1 Bond Sale Journalize the year-end adjusting Dec Adjusting Entry 31 Dr. Dr. Cr. 2 Cr.
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Acme 2 Date Jan 1 Date Dec 31 Acme 1 Date Jan 1 Date Dec 31 Corr... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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