On January 1, 2018, Lost Corporation issued $900,000, 8%, 10-year bonds at face value. Interest is payable annually on January 1. Lost Corporation has a calendar year end.
Instructions
Prepare all entries related to the bond issue for 2018 and January 1, 2019.

Question

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The Answer of On January 1, 2018, Lost Corporation issued $900,000, 8%, 10-year bonds at face value. Interest is payable annually on January 1. Lost Corporation has a calendar year end.
Instructions
Prepare all entries related to the bond issue for 2018 and January 1, 2019.

On January 1, 2018, Lost Corporation Issued $900,000, 8%, 10-Year