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E10-13 Kale Company issued $350,000 of 8%, 20-year bonds on January 1, 2017, at face value. Interest is payable annually on January 1. Instructions Prepare
E10-13 Kale Company issued $350,000 of 8%, 20-year bonds on January 1, 2017, at face value. Interest is payable annually on January 1. Instructions Prepare the journal entries to record the following events. issuance of the bonds. (0) The accrunal of interest on December 31, 2017. (c) (d) The payment of interest on January 1, 2018. The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded
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