Question
Riverbed Corp issues 940, 10-year, 8%, $1000 bonds dated January 1, 2017, at 96. The journal entry to record the issuance will show a debit
Riverbed Corp issues 940, 10-year, 8%, $1000 bonds dated January 1, 2017, at 96. The journal entry to record the issuance will show a
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| debit to Cash for $902400. |
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| credit to Bonds Payable for $902400. |
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| debit to Cash of $940000. |
|
| credit to Discount on Bonds Payable for $37600. |
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Blood Audit
Authors: Edward S Blythe
1st Edition
1480180394, 978-1480180390
