Give the general journal entry to record the April 1, 2016, bond issue. Third Corporation issued $600,000

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Give the general journal entry to record the April 1, 2016, bond issue.
Third Corporation issued $600,000 of its 7 percent bonds payable on April 1, 2016. The bonds were issued at face value. Interest is payable semiannually on October 1 and April 1.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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College Accounting Chapters 1-30

ISBN: 978-0077862398

14th edition

Authors: John Price, M. David Haddock, Michael Farina

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