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Pretzelmania, Inc., issues 7 % , 1 0 - year bonds with a face amount of $ 7 0 , 0 0 0 for $
Pretzelmania, Inc., issues year bonds with a face amount of $ for $ on January The market interest rate for bonds of similar risk and maturity is Interest is paid annually on December
Required:
& Record the bond issue and first interest payment on December If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record the bond issue on January
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CredittableJanuary
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