On january 1 2004 kate products issued ten year convertible, Ask an Expert

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On january 1, 2004 kate products issued ten year convertible bonds of $1800000 at 105. Interest es payable semiannually on june 30 abd dicember 31 at a rate of 12%. straight-line amortization is recorded at the end of the calendar year. Provide entries required to record the issuance of bonds on january 1, 2004

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9443095

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