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issuance of bonds on 01/02/2018, Harbor corp. issues $200,000 ,8% ,10 years bond at 95. The Bonds pay interest on 06/30 and 12/31 The company
issuance of bonds
on 01/02/2018, Harbor corp. issues $200,000 ,8% ,10 years bond at 95. The Bonds pay interest on 06/30 and 12/31
The company uses straigt line method to amortize any discount or premium.
1-record the journal entry for issuance on bonds on 01/02/18
2- record the journal entry for the payment of interest and amortization on 06/30/18
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The Consolations Of Economics How We Will All Benefit From The New World Order
Authors: Gerard Lyons
1st Edition
0571307795, 9780571307791
