Consider your answers from Requirements 13 of Problem 11A-2A. Requirement 1. Journalize issuance of the bond and
Question:
Requirement
1. Journalize issuance of the bond and the first semiannual interest payment under each of the three assumptions in Problem 11A-2A. The company amortizes bond premium and discount by the effective-interest method. Explanations are not required.
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Req 1 1 Journal Entry Cash 91000 Bonds payable 91000 Interest expense 91000 14 612 6370 Cash ...View the full answer
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Related Book For 
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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