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On January 1, 2023, Ultra Vision Corp. issued $1,400,000 of 20 -year 9.0% bonds that pay interest semiannually on June 30 and December 31. Assume
On January 1, 2023, Ultra Vision Corp. issued $1,400,000 of 20 -year 9.0% bonds that pay interest semiannually on June 30 and December 31. Assume the bonds were sold at (1) 97; and (2) 103. Journalize the issuance of the bonds at 97 and 103. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Journal entry worksheet Note: Enter debits before credits Step by Step Solution
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, George Foster, Srikant M. Datar, Madhav T. Rajan, Chris M. Ittner
13th Edition
0131355589, 978-0131355583
