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help fill in the blanks E-Tech Initiatives Limited plans to issue $450,000, 10-year, 6 percent bonds. Interest is payable annually on December 31. All of
help fill in the blanks
E-Tech Initiatives Limited plans to issue $450,000, 10-year, 6 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2016. Show how the bonds would be reported on the January 2, 2016, balance sheet if they are issued at 97. (Negative amounts should be indicated by a minus sign.)Step by Step Solution
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