Question
On June 1, 2016 Alpha Corporation issued $300,000 of 9%, 5-year bonds.The bonds which were issued at 97, pay interest on January 1 and June
On June 1, 2016 Alpha Corporation issued $300,000 of 9%, 5-year bonds.The bonds which were issued at 97, pay interest on January 1 and June 1. Use this information to prepare the General Journal entry (without explanation) to record the June 1, 2016 bond issue.
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Introduction To Accounting An Integrated Approach
Authors: Penne Ainsworth, Dan Deines
5th Edition
0073527009, 9780073527000
