On June 30, 2019 Golf Green Inc. sold 12,000 of its $1,000 face value 10-year, 6% bonds
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Question:
Prepare journals entries for the bond issue, payment of semi-annual interest, year-end adjusting entry, the retirement of the bonds and the issue of the additional shares. The company has a Dec 31 year end.
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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