Issuance of Long-Term Debt Anne Corp. issued $448,000, 5% bonds. Required: Provide the necessary journal entry to
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Question:
Required:
Provide the necessary journal entry to record the issuance of these bonds assuming:
Issuance of Long-Term Debt
Anne Corp. issued $416,000, 5% bonds.
Required:
Provide the necessary journal entry to record the issuance of these bonds assuming:
a. The bonds were issued at par.
Cash | |||||||||||||||||
Bonds Payable | |||||||||||||||||
Record issuance of bond at par | The bonds were issued at 102.
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Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date: