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a On January 1, 2022, Sunland Company issued bonds with a face value of $790,000. The bonds carry a stated interest of 7
Posted: Thu May 19, 2022 12:21 pm
by answerhappygod
- A On January 1 2022 Sunland Company Issued Bonds With A Face Value Of 790 000 The Bonds Carry A Stated Interest Of 7 1 (82.37 KiB) Viewed 45 times
a On January 1, 2022, Sunland
Company issued bonds with a face value of $790,000. The bonds carry a stated interest of 7% payable each January 1. (a) Prepare the journal entry for the issuance assuming the bonds are issued at 97. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit