Pueblo company issued 300000 of 5-year 8 bonds at 98 on, Ask an Expert

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Pueblo Company issued $300,000 of 5-year, 8% bonds at 98 on January 1, 2014. The bonds pay interest twice a year. Prepare the journal entry to record the issuance of the bonds. Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 104.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9447729

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