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On January 1,2013,a Company Issued $5,000,000 of 8 Percent Bonds 31,2013. 31,2013 .

Question 117

Essay

On January 1,2013,a company issued $5,000,000 of 8 percent bonds at par.These bonds are due in five years with interest payable annually on December 31.
Required:
A) Record the issuance of the bonds.
B) Record the journal entry nee ded on December 31,2013. 31,2013 .
C)Record the jounal entry nee ded on Januaty 1,2018. 1,2018 .

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