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May you please help me with this, thank you Halloween Town Corp. issued $60,000 of its 9% bonds at par on January 1, 2020. At
May you please help me with this, thank you
Halloween Town Corp. issued $60,000 of its 9% bonds at par on January 1, 2020. At year end, the bonds are trading on the bond market for a premium. Which of the following could be the market interest rate of similar bonds at year end? 88 99. 10 A or B There is not enough information to answer the question. Question 11 A company reissues 800 shares of treasury stock for $35 per share. The treasury stock was originally repurchased at a cost of $40 per share. Which of the following journal entries would the company record to account for the reissue of the treasury stock? Cash \$28,000 Loss on Reissue $4,000 Treasury Stock $32,000 Cash $28,000 Additional Paid in Capital $4,000 Treasury Stock $32,000 Cash $28,000 Treasury Stock $28,000 Cash $28,000 Retained Eamings $4,000 Treasury Stock $32,000 None of the above Step by Step Solution
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