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E14-1 recording bond issue and interest payment:The kurten corporation is authorized to issue $500000 0f 8% bonds interest on the bond payable semiannually ;the bond
E14-1 recording bond issue and interest payment:The kurten corporation is authorized to issue $500000 0f 8% bonds interest on the bond payable semiannually ;the bond are dated january 1,2010 and are due december 31,2015 required prepare the journal entry to record the following: April 1,2010 sold the bond par plus accrued interest june 30,2010 first interest payment Dec 31,2010 second interest payment
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