Question
What journal entry would be made for the following transaction? On Febuary 16, 2021, MembersMark, Inc. issued a $500,000 of 12% bonds. a debit cash,
What journal entry would be made for the following transaction?
On Febuary 16, 2021, MembersMark, Inc. issued a $500,000 of 12% bonds.
a debit cash, credit wages payable
b. Debit cash, credit bonds payable
c. Debit bonds payable, credit cash
d. Debit accounts recievable, credit cash
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Total Quality Auditing
Authors: Amanda Jo Erven
1st Edition
1733784306, 978-1733784306
