Question
Hillside issues $2,100,000 of 5%, 15-year bonds dated January 1, 2013, that pay interest semiannually on June 30 and December 31. The bonds are issued
Hillside issues $2,100,000 of 5%, 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 $1,814,635. |
| Required: | |
| 1. | Prepare the January 1, 2013, journal entry to record the bonds issuance. |
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A Guide To Effective Internal Management System Audits Implementing Internal Audits As A Risk Management Tool
Authors: IT Governance Publishing
1st Edition
1849285594, 978-1849285599
