Question
Bramble Corp. sold $6,300,000, 13%, 15-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest each December 31. The
Bramble Corp. sold $6,300,000, 13%, 15-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest each December 31. The bonds were sold at 99.
Prepare the journal entry to record the issuance of the bonds on January 1, 2022.
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Introductory Accounting Finance And Auditing For Lawyers
Authors: Lawrence Cunningham
7th Edition
1634604105, 9781634604109
