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the company issued in 1/1/2022 6,000,000 bonds 6% interest paid every each six month for 10 years, the interest rate in the market was 8%?
the company issued in 1/1/2022 6,000,000 bonds 6% interest paid every each six month for 10 years, the interest rate in the market was 8%? 1) calculated the fair market value of the bonds in 1/1/2022? Journalize the entry in that date? 2) journalize the interest in 30/06/2023?
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Edition
047116920X, 978-0471169208
