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On Jan 1, 400,000 of 12%, 10-year bonds were sold for 380,000. The bonds require semiannual interest payments on June 30 and Dec 31. The
On Jan 1, 400,000 of 12%, 10-year bonds were sold for 380,000. The bonds require semiannual interest payments on June 30 and Dec 31. The journal entry for the June 30 interest payment is
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Accounting Chapters 1-13
Authors: Carl Warren
27th Edition
1337272108, 978-1337272100
