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Please Help Soon!! Cheyenne court issued $5,640,000 of a percent bonds on October 1, 2020 due on October 1, 2025. The interest is to be
Please Help Soon!! Cheyenne court issued $5,640,000 of a percent bonds on October 1, 2020 due on October 1, 2025. The interest is to be paid twice a year on April 1 and October 1 the Bondra sold to yield 10% effective annual interest. Cheyenne Court closes books annually on December 31. Prepare the dressing entry for December 31, 2021 usually effective interest method. Prepare the adjusting entry for December 31, 2021. Use the effective-interest method. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Please Help Soon!!
Cheyenne court issued $5,640,000 of a percent bonds on October 1, 2020 due on October 1, 2025. The interest is to be paid twice a year on April 1 and October 1 the Bondra sold to yield 10% effective annual interest. Cheyenne Court closes books annually on December 31. Prepare the dressing entry for December 31, 2021 usually effective interest method.
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