League Company is authorized to issue $900,000 in bonds on June 1 . The bonds carry a

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League Company is authorized to issue $900,000 in bonds on June 1 . The bonds carry a face interest rate of 8 percent, with interest to be paid on June 1 and December 1 .

Prepare entries in journal form for the issue of the bonds under the independent assumptions that

(a) the bonds are issued on September 1 at 1 00 and

(b) the bonds are issued on June 1 at 103.SE-1

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Financial Accounting

ISBN: 9780618310746

8th Edition

Authors: Belverd E. Needles Jr,, Marian Powers

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Question Posted: Jun 13, 2024 02:05 AM

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League Company is authorized to issue $900,000 in bonds on June 1 . The bonds carry a

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Financial Accounting

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