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he Eagles Corporation will finance an acquisition by selling a bond. On January 1,202, Eagles sold a ten-year, $100,000 bond with a % coupon rate.
he Eagles Corporation will finance an acquisition by selling a bond. On January 1,202, Eagles sold a ten-year, $100,000 bond with a % coupon rate. At the time of the sale current interest rates were 6%. The bond makes the annual payment on December 31 of each sear. Record the journal entry to sell the bond Record the journal entry to record the annual payment Journal entry worksheet What is the journal entry to record the bond issue? Note: Enter debits before credits. Journal entry worksheet What is the journal entry to record the first payment on the bonds? Note: Enter debits before credits
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