Journalize the following transactions: a. Set up a bond sinking fund with an initial deposit of $6,200.

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Journalize the following transactions:

a. Set up a bond sinking fund with an initial deposit of $6,200.

b. Earned $160 interest on sinking fund balance.

c. Sinking fund of $23,000 was used to pay off bondholders in the amount of $23,000.

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College Accounting A Practical Approach Chapters 1-25

ISBN: 9780133791006

13th Edition

Authors: Jeffrey Slater

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Question Posted: Apr 14, 2017 12:46 PM

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Journalize the following transactions: a. Set up a bond sinking fund with an initial deposit of $6,200.

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a Bond Sinking Fund Cash b B...View the full answer

College Accounting A Practical Approach Chapters 1-25

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