ISSUANCE OF LONG-TERM DEBT Anne Corp. issued $400,000, 6 percent bonds. Required: Provide the necessary journal entry
Question:
ISSUANCE OF LONG-TERM DEBT Anne Corp. issued $400,000, 6 percent bonds.
Required:
Provide the necessary journal entry to record the issuance of these bonds assuming:
a. The bonds were issued at par.
b. The bonds were issued at 104.
c. The bonds were issued at 99.
Cornerstone Exercise
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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