ZERO COUPON BONDS (STRAIGHT LINE) Dean Plumbing issues $1,000,000 face value, noninterest-bearing bonds on December 31, 2009.

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ZERO COUPON BONDS (STRAIGHT LINE)

Dean Plumbing issues $1,000,000 face value, noninterest-bearing bonds on December 31, 2009. The bonds are issued at 65 and mature on December 31, 2013.

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Assuming the straight-line amortization method is followed, provide the journal entry on December 31, 2012.

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Cornerstones Of Financial Accounting Current Trends Update

ISBN: 9781111527952

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Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen

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ZERO COUPON BONDS (STRAIGHT LINE) Dean Plumbing issues $1,000,000 face value, noninterest-bearing bonds on December 31, 2009.

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Cornerstones Of Financial Accounting Current Trends Update

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