Essay
Journalize the following semi-annual bond interest payments on June 30:
June 30 a. 10-year 8% $250,000 bond that sold for $300,000.
June 30 b. 5-year 5% $300,000 bond that sold for $280,000.
June 30 c. 15-year 10% $500,000 bond that sold for $500,000.
Correct Answer:
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Calculation:
$250,000 x .08 ...View Answer
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Correct Answer:
Verified
Calculation:
$250,000 x .08 ...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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