Question
Charley Corporation issued $200,000 of 7%, 5-year bonds on June 1, 2017. The bonds which were issued at 96, pay interest on January 1 and
Charley Corporation issued $200,000 of 7%, 5-year bonds on June 1, 2017. The bonds which were issued at 96, pay interest on January 1 and June 1. Use this information to prepare the General Journal Entry (without explanation) to record the June 1, 2017 bond issue. If no entry is required then write "No entry Required."
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Microsoft Excel For Accounting The First Course
Authors: L Murphy Smith, Katherine Smith
1st Edition
0130085529, 978-0130085528
