Oceanfront Developers Inc. issues $2,000,000 of 5 percent, semi-annual, 20-year bonds dated March 31. Required Record (a)
Question:
Oceanfront Developers Inc. issues $2,000,000 of 5 percent, semi-annual, 20-year bonds dated March 31.
Required
Record
(a) The issuance of bonds at par on March 31
(b) The next semiannual interest payment on September 30.
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Related Book For 
Horngrens Accounting
ISBN: 9780135359785
11th Canadian Edition Volume 2
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann Johnston, Peter R. Norwood
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