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Bb Homework 1 4 - 4 Sportswear Corporation issued $ 5 , 5 3 6 , 6 7 6 of 8 % bonds on October
Bb Homework
Sportswear Corporation issued $ of bonds on October due on October The interest is to be paid twice a year on April and October The bonds were sold to yield effective annual interest. Sportswear Corporation closes its books annually on December Sportswear uses the effectiveinterest method.
Instructions: In the space provided on the next few pages, prepare all necessary journal entries for the years and
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