Question
Hillside issues $2,300,000 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 $2,300,000 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 $2,815,190. |
| Required: | |
| 1. | Prepare the January 1, 2013, journal entry to record the bonds issuance. |
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
5th edition
134128524, 978-0134128528
