Question
On march 31 bancor corporation received authorization to issue 30 million of 12% , 30- year debenture bonds. Interest payments dates were March 31 and
On march 31 bancor corporation received authorization to issue 30 million of 12% , 30- year debenture bonds. Interest payments dates were March 31 and sep 30 . the bonds were all issued at par on april 30, one month after the interest dur date printed on the bond.
1. Prepare general journal
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Managerial Accounting
Authors: James Jiambalvo
6th edition
9781119158226, 111915801X, 1119158222, 978-1119158011
