Question
On January 1, 2016, Nestle issues 7%, 10-years bonds with a par value of $2,000,000. The bonds pay interest semi-annually. The market rate of interest
On January 1, 2016, Nestle issues 7%, 10-years bonds with a par value of $2,000,000. The bonds pay interest semi-annually. The market rate of interest is 8% and the bond selling price was $1,864,097. What would be included in the journal entry to record the bond issue?
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Auditing And GRC Automation In SAP
Authors: Maxim Chuprunov
2013 Edition
3642434525, 978-3642434525
