Question
- $5M, 4%, 15 year bond -paid annually -market interest rate is 4.75% -sold at 97 -issued on Jan, 1 Question: What is the journal
- $5M, 4%, 15 year bond
-paid annually
-market interest rate is 4.75%
-sold at 97
-issued on Jan, 1
Question: What is the journal entry on the date of issuance?
What is the journal entry on the interest payment date?
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Auditing Fundamentals
Authors: Marlene Davies, John Aston
1st Edition
0273711733, 978-0273711735
