Post a New Question


posted by .

You issue a $120,000 bond at par on March 31 due in 10 years that pays 11%.
You pay interest on September 30.
You pay off the bond ten years later. Assume that the company makes no adjusting entries. What journal entries should be recorded to issue the bond, pay interest and payoff the bond?

  • accounting -


Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

More Related Questions

Post a New Question