Prepare a issuerrsquos journal entry to record the issuance, Ask an Expert

Finance

problem: On June 1 a company issued USD 200,000 of 12 percent bonds at their par value plus accrued interest. The interest on these bonds is payable semiannually on Jan one and July one. Make a issuer’s journal entry to record the issuance of June one.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M916367

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