Question: discount on bonds payable has not been amortized for any part of 2014, the bonds are dated March 1, 2008 and mature on March 1, 2018;Bands payable;275000cr.;Discount on bonds payable;6400dr.;I know the journal entries would be;interest expense dr.;Discount on bonds payable cr.;can you please help me understand how to calculate this?
Paper#81795 | Written in 18-Jul-2015Price : $22