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2020. *BE15.11 (LO 6) Golden plc issues 4 million, 5-year, 10% bonds at 102, with interest payable annually January 1. The straight- ine method is
2020. *BE15.11 (LO 6) Golden plc issues 4 million, 5-year, 10% bonds at 102, with interest payable annually January 1. The straight- ine method is used to amortize bond premium. Prepare entries for bonds issued at a premium. a. Prepare the journal entry to record the sale of these bonds on January 1, 2020. b. Prepare the adjusting journal entry to record interest expense and bond premium amortization on December 31. 2020. Internet in navahle
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