Swifty Company issued $880,000, 9 , 20 year bonds on January 1, 2020, at 102 Interest is payable annually on January 1 Swifty uses the straight line method of amortization and has a calendar year end Prepare all journal entries made in 2020 related to the bond issue (Credit account titles are auto...

2020 Account Titles and Explanation Debit Credit Jan 1 Cash 902400 Bonds Payable ...

Swifty Company issued $880,000, 9%, 20-year bonds on January 1, 2020, at 102. Interest is payable...

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Accounting Principles

ISBN: 978-1119411482

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Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Swifty Company issued $880,000, 9%, 20-year bonds on January 1, 2020, at 102. Interest is payable...

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