Doyle Company issued $ 3 6 6 , 0 0 0 of 1 0 - year, 6
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Question:
Doyle Company issued $ of year, percent bonds on January Year The bonds were issued at face value. Interest is payable in cash on December of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $ of cash revenue, which was collected on December of each year, beginning December Year
b Prepare the income statement, balance sheet, and statement of cash flows for Year and Year
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