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Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $9,000,000, 12%, 9-year bond that pays semiannual
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $9,000,000, 12%, 9-year bond that pays semiannual interest of $540,000 ($9,000,000 12% 1/2), receiving cash of $10,052,062. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Cash
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Human Resource Management
Authors: Jean M. Phillips, Stanley M. Gully
1st edition
1111533555, 978-1111533557
