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    drk's Avatar
    drk Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 13, 2006, 10:03 PM
    Accounting homework help
    The question is:
    A wholesaler issued 12,000,000 of 30 yr 8% callable bonds on April 1st 2006 with interest payable on April 1st and October 1st the fiscal year is the calender year Journalize the following transaction
    2010 October 1st- called the bond issue at 102, the rate provided in the bond indenture (omit entry for payment of interest)

    I am not sure how to figure out the gain or loss in bonds here, help please
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Mar 14, 2006, 07:07 AM
    Please read this first:

    https://www.askmehelpdesk.com/showthread.php?t=22670
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