Question
Flint Corporation issues $400,000 of bonds for $420,000 Prepare the journal entry to record the issuance of bonds Account Titles and Explanation debit credit ?
Flint Corporation issues $400,000 of bonds for $420,000
Prepare the journal entry to record the issuance of bonds
Account Titles and Explanation debit credit
? ? ?
? ? ?
? ? ?
Show how the bonds would be reported on the balance sheet at the date of issuance.
Flint Corporation
Balance Sheet (partial)
?
? $?
Add/Less?
? $?
?
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
5th Canadian Edition
