Question
P10-5B Union Electric sold $5,000,000, 5%, 10-year bonds on January 1, 2017. The bonds were dated January 1 and pay interest on January 1. The
P10-5B Union Electric sold $5,000,000, 5%, 10-year bonds on January 1, 2017. The bonds were dated January 1 and pay interest on January 1. The bonds were sold at 103.
Instructions
(a) Prepare the journal entry to record the issuance of the bonds on January 1, 2017
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
11th Edition
0471448966, 978-0471448969
