Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

تمرين 26

Paulson Company issues 6%, four-year bonds, on December 31, 2015, with a par value of $200,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entries to record ( a ) the issuance of bonds on December 31, 2015; ( b ) the first interest payment on June 30, 2016; and ( c ) the second interest payment on December 31, 2016.