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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339 تمرين 37
Journalizing bond transactions
Vernon Corporation issued a $110,000, 6.5%, 15-year bond payable.
Requirement
1. Journalize the following transactions for Vernon and include an explanation for each entry:
a. Issuance of the bond payable at par on January 1, 2012.
b. Payment of semiannual cash interest on July 1, 2012.
c. Payment of the bond payable at maturity. (Give the date.)
Vernon Corporation issued a $110,000, 6.5%, 15-year bond payable.
Requirement
1. Journalize the following transactions for Vernon and include an explanation for each entry:
a. Issuance of the bond payable at par on January 1, 2012.
b. Payment of semiannual cash interest on July 1, 2012.
c. Payment of the bond payable at maturity. (Give the date.)
التوضيح
موثّق
موثّق
1. This exercise requires application of...
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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