Business, 21.10.2021 01:00, christophercordero15

Trego Company issued, on December 31, Year 1, $1,000,000 face value, 4%, 5-year bonds. Interest will be paid semiannually each June 30 and December 31. The bonds sold at a price of 102; Trego uses the straight-line method of amortizing bond discount or premium. The entry made by Trego Company to record issuance of the bonds payable at December 31, Year 1, includes:

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Trego Company issued, on December 31, Year 1, $1,000,000 face value, 4%, 5-year bonds. Interest will...