Pinetop Corporation issued $153,000 of 8-year bonds at par. The bonds have a stated rate of 7% and pay interest annually. What is the journal entry to record the sale of the bonds? If an amount box does not require an entry, leave it blank.     fill in the blank 2 fill in the blank 3     fill in the blank 5 fill in the blank 6

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Pinetop Corporation issued $153,000 of 8-year bonds at par. The bonds have a stated rate of 7% and pay interest annually.

What is the journal entry to record the sale of the bonds? If an amount box does not require an entry, leave it blank.

    fill in the blank 2 fill in the blank 3
    fill in the blank 5 fill in the blank 6
Pinetop Corporation issued $153,000 of 8-year bonds at par. The bonds have a stated rate of 7% and pay interest annually.
What is the journal entry to record the sale of the bonds? If an amount box does not require an entry, leave it blank.
Transcribed Image Text:Pinetop Corporation issued $153,000 of 8-year bonds at par. The bonds have a stated rate of 7% and pay interest annually. What is the journal entry to record the sale of the bonds? If an amount box does not require an entry, leave it blank.
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