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on Nov 2 0 2 2 company essued three years 7 percent bonds with per value 5 0 0 0 0 0 dollars the company

on Nov 2022 company essued three years 7 percent bonds with per value 500000 dollars the company received 470000 interest is paid same annualy on 30 June and 31 dec every year recuierd prepare the journal entry to record a bonds level the bond ammount 112022.
 prepare journal entry to record entrest payment .

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To record the bond issuance Date November 1 2022 Debit Cash 470000 Credit Bonds Payable 500000 Cre... blur-text-image

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