INTERMEDIATE ACCOUNTING II- Exam 1a Bond Sold at Premium or Discount between Interest date On Jan. 1, 2021 ABC Corp. sold a 10 year 1,000,000 8% bonds dated Jan. 1, 2021 for $1,080,000. This bond pays interest semi-annually on July 1 and Dec. 31st
INTERMEDIATE ACCOUNTING II- Exam 1a Bond Sold at Premium or Discount between Interest date On Jan. 1, 2021 ABC Corp. sold a 10 year 1,000,000 8% bonds dated Jan. 1, 2021 for $1,080,000. This bond pays interest semi-annually on July 1 and Dec. 31st Pass Journal entry to set up bond sale Date […]