entres Ach an Hamilton Corporation issued $1,000,000 of 10% of 10 year bonds on January 1....
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entres Ach an Hamilton Corporation issued $1,000,000 of 10% of 10 year bonds on January 1". Interest is paid on January and July 1. They were issued under three different situations. The first was at face value on January 1. The second was issued at 102 on January 1" and the third was issued at 96 on January 1". Prepare two journal entries for each situation. Problem #2 Franklin Corporation issued $4,000,000 of 6% 20 year bonds on January 1". Interest is paid on January and July 1st. They were issued under three different situations. The first was at face value on January 1. The second was issued at 104 on January 1" and the third was issued at 97 on January 1". Prepare two journal entries for each situation. Problem #3 Sturdy Corporation issued $500,000 of 9% 5 year bonds on January 1". Interest is paid on January and July 1. They were issued under three different situations. The first was at face value on January 1". The second was issued at 103 on January 1" and the third was issued at 98 on January 1". Prepare two journal entries for each situation. Problem #4 Kenley Corporation issued $2,500,000 of 8% 25 year bonds on January 1". Interest is paid on January and July 1". They were issued under three different situations. The first was at face value on January 1". The second was issued at 101 on January 1" and the third was issued at 99 on January 1". Prepare two journal entries for each situation. entres Ach an Hamilton Corporation issued $1,000,000 of 10% of 10 year bonds on January 1". Interest is paid on January and July 1. They were issued under three different situations. The first was at face value on January 1. The second was issued at 102 on January 1" and the third was issued at 96 on January 1". Prepare two journal entries for each situation. Problem #2 Franklin Corporation issued $4,000,000 of 6% 20 year bonds on January 1". Interest is paid on January and July 1st. They were issued under three different situations. The first was at face value on January 1. The second was issued at 104 on January 1" and the third was issued at 97 on January 1". Prepare two journal entries for each situation. Problem #3 Sturdy Corporation issued $500,000 of 9% 5 year bonds on January 1". Interest is paid on January and July 1. They were issued under three different situations. The first was at face value on January 1". The second was issued at 103 on January 1" and the third was issued at 98 on January 1". Prepare two journal entries for each situation. Problem #4 Kenley Corporation issued $2,500,000 of 8% 25 year bonds on January 1". Interest is paid on January and July 1". They were issued under three different situations. The first was at face value on January 1". The second was issued at 101 on January 1" and the third was issued at 99 on January 1". Prepare two journal entries for each situation.
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