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eBook Show Me How Calculator Entries for issuing and Calling Bonds; Loss Adele Corp a wholesaler of music equipment, issued $6,820,000 of 15-year, 10% cailable
eBook Show Me How Calculator Entries for issuing and Calling Bonds; Loss Adele Corp a wholesaler of music equipment, issued $6,820,000 of 15-year, 10% cailable bonds on March 1, 2011, at their face amount with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year 2011 Mar. 1 Issued the bonds for cash at their face amount. Sept. 1 Paid the interest on the bends 2015 Sept. 1 Called the bond issue at 104, the rate provided in the bond indenture. (Omit entry for payment of interest.) Journalize the entries to record the above selected transactions. Issued the bonds for cash at their face amount. 2011 Mar. 1 Paid the interest on the bonds. 2001 Sept 1 n box does not require an entry leave bank Called the bord issue 104 the rate provided in the bondante mit entry for event of interest for a compound transactio 2015 Sept. 1
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