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I need help with the accrued entries for the period 03/01/15 - 09/30/16. Thank you. FINANCIAL ACCOUNTING II Grahame, Inc. has a fiscal year-end of
I need help with the accrued entries for the period 03/01/15 - 09/30/16. Thank you. FINANCIAL ACCOUNTING II Grahame, Inc. has a fiscal year-end of September 30h. On March 1, 2015, Grahame authorized $800,000 in bonds payable; the bonds carry a stated interest rate of 6%, interest to be paid semi-annually on February 28th and August 31s, with a term of 12 years. On August 1, 2016, Grahame issued three-quarters of the bonds at a premium of $25,400. Prepare the journal entries that would be required relating to the bonds over the period March 1, 2015 through September 30, 2016
I need help with the accrued entries for the period 03/01/15 - 09/30/16. Thank you.
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