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Term Test #2-Ch 14 to 15 (0 pe Inc. purchased a bond on February 1, 2022. The $200,000 bond pays semi-annual interest at a
Term Test #2-Ch 14 to 15 (0 pe Inc. purchased a bond on February 1, 2022. The $200,000 bond pays semi-annual interest at a coupon rate ket interest is 10%. The issuance price of the bond is $203,546. journal entry to record the purchase of the bond for Grape Inc. is: Mutiple Choice 0 DR Cesh $203,546 CR investment-Bond $203,546 DR Investment-Bond CR Cesh $203,546 $203,546 $203,546 CR Discount
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Using Excel & Access for Accounting 2010
Authors: Glenn Owen
3rd edition
1111532672, 978-1111532673
