Question: Problem 10-4A (Part Level Submission) On October 1, 2016, Indigo Corp. issued 960,000, 5%, 10-year bonds at face value. The bonds were dated October 1,

 Problem 10-4A (Part Level Submission) On October 1, 2016, Indigo Corp.

Problem 10-4A (Part Level Submission) On October 1, 2016, Indigo Corp. issued 960,000, 5%, 10-year bonds at face value. The bonds were dated October 1, 2016, and pay interest annually on October 1. Financial statements are prepared annually on December 31. Cb) Show the balance sheet presentation of bonds payable and bond interest payable on December 31, 2016 INDIGO CORP Balance Sheet (Partial)

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