Question
Third Corporation Issued $430,000 of Its 5 percent bonds payable on April 1, 2022. The bonds were issued at face value. Interest is payable
Third Corporation Issued $430,000 of Its 5 percent bonds payable on April 1, 2022. The bonds were issued at face value. Interest is payable semiannually on October 1 and April 1. Required: Prepare the general Journal entry to record the April 1, 2022, bond Issue. View transaction list Journal entry worksheet < 1 Record the issuance of bonds at face value. Note: Enter debits before credits. Date April 01, 2022 Record entry General Journal Clear entry Debit Credit View general journal >
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
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