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Svjetlana
Oct 21, 2009, 09:59 AM
I would really appriciate anybodys help

On August 1, 2008 Banff purchased, as a temporary investment, 70 $ 1000, six percent bonds of Allen Corp, at par. The bonds mature on august 1, 2011. Interest payment dates are July 31 and January 31

Thanks
marcbell
Oct 21, 2009, 02:08 PM
A Retired bond at 130,000 face value at 12% at 102. How to do the journal entry?