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Question 5 2 pts On 8/1/x3, Kaitlyn Company borrows $10,000,000 through the issuance of three year, 9% bonds with interest payable quarterly. What would the
Question 5 2 pts On 8/1/x3, Kaitlyn Company borrows $10,000,000 through the issuance of three year, 9% bonds with interest payable quarterly. What would the quarterly interest payment journal entry on 11/1/X4 include Dr. Interest Payable 215,000 Dr. Cash 225,000 Cr. Cash 225,000 Dr. Interest Expense 225,000 u Question 6 1 pts Par value of a company's stock represents the FMV of the stock on the date of issuance. True False
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