A company issues $10,000 of 9%, 5-year bonds dated January 1, 2013, that mature on December 31,
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A company issues $10,000 of 9%, 5-year bonds dated January 1, 2013, that mature on December 31, 2017, and pay interest semiannually on each June 30 and December 31. Prepare the entry to record this bond issuance and the first semiannual interest payment.
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Related Book For 
Fundamental Accounting Principles Volume 2
ISBN: 9780077716660
21st Edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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