On January 1, 2014, Hauke Corporation issued $900,000, 6%, 10-year bonds at face value. Interest is...
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On January 1, 2014, Hauke Corporation issued $900,000, 6%, 10-year bonds at face value. Interest is payable annually on January 1. Hauke Corporation has a calendar year end. Prepare all entries related to the bond issue for 2014. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 2014 Account Titles and Explanation Debit Credit Jan. 1 Dec. 31 On January 1, 2014, Hauke Corporation issued $900,000, 6%, 10-year bonds at face value. Interest is payable annually on January 1. Hauke Corporation has a calendar year end. Prepare all entries related to the bond issue for 2014. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 2014 Account Titles and Explanation Debit Credit Jan. 1 Dec. 31
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Date Date Issue Entry 1 Record the Bond Issue Record the Issue ... View the full answer
Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118128169
5th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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