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Account Debit Credit Record as Journal Entries 1.XYZ company sold $1,200,000 bonds at%100 for 6%, 4years 2.XYZ company sold $750,000,9%,5 year bonds at 97 3.XYZ
Account | Debit | Credit |
Record as Journal Entries
1.XYZ company sold $1,200,000 bonds at%100 for 6%, 4years
2.XYZ company sold $750,000,9%,5 year bonds at 97
3.XYZ company sold $2,000,000,3%,9year bonds at103
4.XYZ company paid interest to bondholders for the $750,000 bonds.
5.XYZ company paid interest to bondholders for the $2,000,000 bonds
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