Question
Ivanhoe Company issued $430,000, 10-year, 8% bonds at 105. Prepare a tabular summary to record the sale of these bonds on January 1, 2017. (If
Ivanhoe Company issued $430,000, 10-year, 8% bonds at 105. Prepare a tabular summary to record the sale of these bonds on January 1, 2017. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets = Liabilities + Stockholders Equity Retained Earnings Cash = Bonds Pay. + Prem. on Bonds Pay. + Common Stock + Revenue - Expense - Dividend Jan.1 $ $ $ $ $ $ $ SHOW LIST OF ACCOUNTS LINK TO TEXT
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