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On January 1 , 2 0 2 0 , Splish Company sold 1 2 % bonds having a maturity value of $ 6 0 0
On January Splish Company sold bonds having a maturity value of $ for $ which provides the bondholders with a yield. The bonds are dated January and mature January with interest payable December of each year. Splish Company allocates interest and unamortized discount or premium on the effectiveinterest basis. a Prepare the journal entry at the date of the bond issuance. Round answer to decimal places, eg If no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. tableDateAccount Titles and ExplanationJanuary
On January Splish Company sold bonds having a maturity value of $ for $ which provides the bondholders with a yield. The bonds are dated January and mature January with interest payable December of each year. Splish Company allocates interest and unamortized discount or premium on the effectiveinterest basis.
a
Prepare the journal entry at the date of the bond issuance. Round answer to decimal places, eg If no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.
tableDateAccount Titles and ExplanationJanuary
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