Question
On January 1, the first day of the fiscal year, a company issues a $2,000,000, 8%, five year bond that pays semiannual interest of $80,000
On January 1, the first day of the fiscal year, a company issues a $2,000,000, 8%, five year bond that pays semiannual interest of $80,000 ($2,000,0008%1/2), receiving cash of $2,170,604. **Journalize the bond issuance**
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Evaluating Web Sites For Legal Compliance Basics For Web Site Legal Auditing
Authors: Leopoldo Brandt Graterol, John Ng'ang'a Gathegi
1st Edition
0810844737, 978-0810844735
