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On January 1, 2013, Davie Services Issued $20,000 of 8

Question 140

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On January 1, 2013, Davie Services issued $20,000 of 8% bonds that mature in five years. They were issued at par-for the same amount as the face value. On January 1, 2018, when the bonds mature, Davie Services will make the final principal payment. Please provide the journal entry for that payment.
On January 1, 2013, Davie Services issued $20,000 of 8% bonds that mature in five years. They were issued at par-for the same amount as the face value. On January 1, 2018, when the bonds mature, Davie Services will make the final principal payment. Please provide the journal entry for that payment.

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