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XYZ Co. sells 150,000 of 5% bonds on March 1, 2016. The bonds pay interest on September 1 and March 1. The due date of
XYZ Co. sells 150,000 of 5% bonds on March 1, 2016. The bonds pay interest on September 1 and March 1. The due date of the bonds is September 1, 2017. The bonds yield 6%, selling for 141,625. Give entries through March 1, 2017 Step by Step Solution
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
