On January 01, 2021 Patterson incorporated issued 5 million dollar bonds with a face value of 5% the market rate for these bonds are 10% interest is paid once a year on December 31st and the bonds will mature on December 31st 2020 23 the bond is called by Patterson incorporated on November 30th 2022 for 5 million 450000 dollars what will be the general journal entry on November 30th 2022 for the issuer?

Answer rating: 100% (QA)

The general journal entry for the issuer Patterson Incorporated on November 30th 2... View the full answer