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Entries for issuing and Calling onds LOSS Hoover Corp., wholesaler of music equipment, sed $14,260,000 of 20-yes 11 Callable bond on March 1, 2012, the
Entries for issuing and Calling onds LOSS Hoover Corp., wholesaler of music equipment, sed $14,260,000 of 20-yes 11 Callable bond on March 1, 2012, the team w poble on March 1 and September 1. The fiscal year of the company is the calendar year 2012 Mar. 1 issued the bonds for cash at their face amount Sept. 1 Pald the interest on the bonds. 2014 Sept. I called the band issue at 102, the rate provided in the bond indenture. (Omit entry for payment of interest.) If any amount box does not require an entry, leave it blank Journailze the entries to record the above selected transactions Issued the bonds for cash at their face amount 2012 Mac 1 Cash 14,200.000 bonds Payable My w Honds payable way recorded at face value Pad the interest on the bonds N
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