a. Bloogle Co. issued $350,000, 8 year, 4% bonds at 102. Prepare the entry to record...
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a. Bloogle Co. issued $350,000, 8 year, 4% bonds at 102. Prepare the entry to record the sale of these bonds: b. Assume that after 3 years the remaining unamortized premium is $4,375. What would be the carrying value of Bloogle's bond at that date? a. Bloogle Co. issued $350,000, 8 year, 4% bonds at 102. Prepare the entry to record the sale of these bonds: b. Assume that after 3 years the remaining unamortized premium is $4,375. What would be the carrying value of Bloogle's bond at that date?
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a The entry to record the sale of the bonds would be as follows Date Date of bond issuance Debi... View the full answer
Related Book For
Accounting Principles Part 3
ISBN: 978-1118306802
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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