On january 1 2011 wildcat company purchased 93000 of 10, Ask an Expert

Accounting

On January 1, 2011, Wildcat Company purchased $93000 of 10% bonds at face value. The bonds are to be held to maturity. The bonds pay interest semiannually on January 1 and July 1. Prepare the appropriate journal entry to record the acquisition of the bonds.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M941525

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