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please prepare the initial journal entry for the following:

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please prepare the initial journal entry for the following;Britney issued a debt instrument at 95% of par for $950. The debt matures in 5 years and carries an 8% annual Interest rate. Assume strait line amortization.;I need help with the initial recording on cash, debt principal and debt discount or premium and also year 1 journal entry

 

Paper#23960 | Written in 18-Jul-2015

Price : $22
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