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    Financial Accounting Study Set 28
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    Exam 10: Reporting and Analyzing Liabilities
  5. Question
    On January 1, 2014, Hauke Corporation Issued $900,000, 6%, 10-Year
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On January 1, 2014, Hauke Corporation Issued $900,000, 6%, 10-Year

Question 9

Question 9

Essay

On January 1, 2014, Hauke Corporation issued $900,000, 6%, 10-year bonds at face value. Interest is payable annually on January 1. Hauke Corporation has a calendar year end.
Instructions
Prepare all entries related to the bond issue for 2014.

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