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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 51
Journalizing bond transactions
Clarity Communication issued $42,000 of 8%, 10-year bonds payable on October 1, 2012, at par value. Clarity's accounting year ends on December 31.
Requirements
1. Journalize the issuance of the bonds on October 1, 2012.
2. Journalize the accrual of interest expense on December 31, 2012.
3. Journalize the payment of the first semiannual interest amount on April 1, 2013.
Clarity Communication issued $42,000 of 8%, 10-year bonds payable on October 1, 2012, at par value. Clarity's accounting year ends on December 31.
Requirements
1. Journalize the issuance of the bonds on October 1, 2012.
2. Journalize the accrual of interest expense on December 31, 2012.
3. Journalize the payment of the first semiannual interest amount on April 1, 2013.
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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