Description of this paper

Provide entries required to record the issuance of bonds on january 1, 2004

Description

solution


Question

on january 1, 2004 kate products issued ten year convertible bonds of $1800000 at 105. interest es payable semiannually on june 30 abd dicember 31 at a rate of 12%. straight-line amortization is recorded at the end of the calendar year. Provide entries required to record the issuance of bonds on january 1, 2004

 

Paper#27078 | Written in 18-Jul-2015

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