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Dillip Corp.. a wholesaler of office equipment, issued $45,000,000 of 10-year, 10% callable bonds on March 1, 2012 with interest payable on March 1 and
Dillip Corp.. a wholesaler of office equipment, issued $45,000,000 of 10-year, 10% callable bonds on March 1, 2012 with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions: Issued the bonds for cash at their face amount. Paid the interest on the bonds. Called the bond issue at 103, the rate pro (Omit entry for payment of interest .) Dillip Corp.. a wholesaler of office equipment, issued $45,000,000 of 10-year, 10% callable bonds on March 1, 2012 with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions: Issued the bonds for cash at their face amount. Paid the interest on the bonds. Called the bond issue at 103, the rate pro (Omit entry for payment of interest .)
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