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Required information The following information applies to the questions displayed below) Enviro Company issues 8%, 10-year bonds with a par value of $250,000 and semiannual
Required information The following information applies to the questions displayed below) Enviro Company issues 8%, 10-year bonds with a par value of $250,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 8712. Prepare the journal entry for the issuance of the bonds. Assume the bonds are issued for cash on January 1 View transaction list Journal entry worksheet Record the issue of bonds with a par value of $250,000 arch
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