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Boston Enterprises_Bonds Payable

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Question;On January 1, 2013;Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20;years, and pay 9% interest semiannually on June 30 and December 31. The bonds;are sold at par.;Prepare;the journal entry for issuance of bonds assuming. The bonds are issued at 98.

 

Paper#37372 | Written in 18-Jul-2015

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