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pls answer Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson issued $390;000 of 15 year, The bonds on May 1 of
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Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson issued $390;000 of 15 year, The bonds on May 1 of the current yeat ot face value, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar yeac. May 1 Issued the bonds for cash at their face amount. Nov. 1 Paid the interest on the bonds. Dec. 31 Recorded accrued interest for two months Step by Step Solution
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