On July 1, 2014, Frodo Corporation issued $800,000, 6%, 10-year bonds at face value. Interest is payable semiannually on January 1 and July 1. Frodo Corporation has a calendar year end.
Instructions
Prepare all entries related to the bond issue for 2014.

Question

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The Answer of On July 1, 2014, Frodo Corporation issued $800,000, 6%, 10-year bonds at face value. Interest is payable semiannually on January 1 and July 1. Frodo Corporation has a calendar year end.
Instructions
Prepare all entries related to the bond issue for 2014.

On July 1, 2014, Frodo Corporation Issued $800,000, 6%, 10-Year