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IFRS 10-4 Ratzlaff Company issues 2 million, 10-year, 8% bonds at 97, with interest payable on July 1 and January 1.

Prepare the journal entry to record the sale of these bonds on January 1, 2014.(Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 1

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Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January 1, 2014.(Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 1

SHOW LIST OF ACCOUNTS

LINK TO TEXT

3/22/2016 IFRS 10-4 IFRS 10-4 Ratzlaff Company issues 2 million, 10-year, 8% bonds at 97, with interest payable on July 1 and January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2014. (Credit account titles are autom atically indented when the am ount is entered. Do not indent m anually.) Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF A CCOUNTS LINK TO TEXT Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January 1, 2014. (Credit account titles are autom atically indented when the am ount is entered. Do not indent m anually.) Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF A CCOUNTS LINK TO TEXT Question Attempts: 0 of 3 used SA VE FOR LA TER SUBMIT A NSWER C opyright 2000-2016 by John Wiley & Sons, Inc. or related companies. All rights reserved. http://edugen.wiley.com/edugen/student/main.uni 1/1