FINANCIAL ACCOUNTING
15th Edition
ISBN: 9781337885928
Author: WARREN
Publisher: CENGAGE L
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Question
Chapter 14, Problem 24E
a (1)
To determine
Journalize the sale of the bonds.
b.
To determine
Calculate the amount of bond interest expense for first year.
c.
To determine
Explain the reason why the company was able to issue the bonds for $23,829,684 rather than $22,000,000.
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FINANCIAL ACCOUNTING
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