Question
Hillside issues $1,700,000 of 8%, 15-year bonds dated January 1, 2013, that pay interest semiannually on June 30 and December 31. The bonds are issued
| Hillside issues $1,700,000 of 8%, 15-year bonds dated January 1, 2013, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $1,468,990. |
| Required: | |
| 1. | Prepare the January 1, 2013, journal entry to record the bonds |
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Essentials Of Corporate Fraud
Authors: Tracy L. Coenen
1st Edition
047019412X, 978-0470194126
