HSM corporation issued a 10 year, 9% bonds, with a par value of $500,000 when the market

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HSM corporation issued a 10 year, 9% bonds, with a par value of $500,000 when the market rate was 9.5%. HSM received $484,087 in cash proceeds. Prepare the HSM's journal entry to record the bond issua...

Posted Date: May 23, 2024 12:01 AM

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HSM corporation issued a 10 year, 9% bonds, with a par value of $500,000 when the market

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