Business, 11.06.2021 17:50, jaylabeatty44

A law firm issued 1000 , 8% bonds at 89% of face value for 7 years after which bonds will be redeemed. The bonds are issued at discount. Discuss how the bonds issued by this business entity will be accounted?

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A law firm issued 1000 , 8% bonds at 89% of face value for 7 years after which bonds will be redeeme...