Question: E 1 5 . 4 ( LO 2 ) , AP Laudie Company issued $ 4 0 0 , 0 0 0 of 9 %
ELO AP Laudie Company issued $ of year bonds on January at face value. Interest is payable annually on January
Instructions
Prepare the journal entries to record the following events.
a The issuance of the bonds.
b The accrual of interest on December
c The payment of interest on January
d The redemption of bonds at maturity, assuming interest for the last interest period has been paid and recorded.
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