Business, 13.12.2019 21:31, chantihock05
On january 1, a company issued and sold a $407,000, 8%, 10-year bond payable, and received proceeds of $402,000. interest is payable each june 30 and december 31. the company uses the straight-line method to amortize the discount. the journal entry to record the first interest payment is: multiple choice debit bond interest expense $16,280; debit discount on bonds payable $250; credit cash $16,530. debit bond interest expense $16,030; debit discount on bonds payable $250; credit cash $16,280. debit bond interest expense $32,560; credit cash $32,560. debit bond interest expense $16,280; credit cash $16,280. debit bond interest expense $16,530; credit cash $16,280; credit discount on bonds payable $250.
Answers: 1
Business, 21.06.2019 23:10, angellove1707
You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."
Answers: 1
On january 1, a company issued and sold a $407,000, 8%, 10-year bond payable, and received proceeds...
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