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pls help all Hoover Corpy a wholesaler of music equipment, issued $14,180,000 of 25 -year, 12% calloble bonds on March 1,20Y2, at their face amount,
pls help all
Hoover Corpy a wholesaler of music equipment, issued $14,180,000 of 25 -year, 12% calloble bonds on March 1,20Y2, at their face amount, with interest payable on March 1 and September 1 . The fiscal year of the company is the calendar year. 20Y2. Mar. 1 issued the bonds for cash at their face amount. Sept. 1. Paid the interest on the bonds. 20T4 Sept. 1 Called the bond issue at 104, the rate provided in the bond indenture. (Omit entiy for payment of interest.) If an amount box does not rogfte on entry, feave it blank. Journalize the entries to record the abave selected transactions Step by Step Solution
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