Question
On January 1, 2023 PT. Wine issued $120,000, 8-year, 9% bonds and sold at a rate of 95. So at the end of year 8,
On January 1, 2023 PT. Wine issued $120,000, 8-year, 9% bonds and sold at a rate of 95. So at the end of year 8, the bonds redemption journal will journalize the bonds payable account next to.... With a nominal...
a. Credit ($130,800)
b. Debit ($114,000)
c. Debit ($120,000)
d. Credit ($120,000)
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Financial Accounting Tools For Business Decision Making
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
8th Edition
1119316022, 978-1119316022
