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

تمرين 62

Dobbs Company issues 5%, two-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 through fourth interest payments on each June 30 and December 31; and ( c ) the maturity of the bond on December 31, 2017.