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Heathrow issues $2,000,000 of 6%, 15-year bonds dated January 1, 2011, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $1,728,224.
Require
a. Prepare the January 1, 2011, journal entry to record the bonds' issuance
b. For every semiannual period, compute the cash payment.
c.For every semiannual period, compute the the straight-line discount amortization.
d.For every semiannual period, compute the bond interest expense.
wrote check to purchase law books for 2500 what 2 accounts
Long-term Debt 10% notes payable $1,000,000 7% convertible bonds payable 5,000,000 Discount
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Continuing growth of the company has required that we issue the company's corporate debt soon. As you know, in 6 months we plan to issue $10 million worth of 20-year corporate bond
what is recorded sales on account of 3,280
how can i do?
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