Pharoah Company issues $280,000, 20-year, 7% bonds at 102. Prepare the journal entry to record the sale of these bonds on June 1, 2020. what is the account title or explanation? what is debit or credited
Pharoah Company issues $280,000, 20-year, 7% bonds at 102. Prepare the journal entry to record the sale of these bonds on June 1, 2020. what is the account title or explanation? what is debit or credited
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter14: Financing Liabilities: Bonds And Long-term Notes Payable
Section: Chapter Questions
Problem 9RE
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Pharoah Company issues $280,000, 20-year, 7% bonds at 102. Prepare the
what is the account title or explanation?
what is debit or credited?
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