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Home > Education > Homework Help > Finance & Accounting   »   Merchandise Journal Entries

 
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Old Nov 13, 2006, 09:45 AM
missdyesha
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Merchandise Journal Entries

How do you jornalize this?

Issued and sold $50000, 5 year, 6% bonds. Interest is expected to be paid semiannualy. Market interest rate is 8%.
and
Issued and sold $50000, 5 year, 12% bonds. Interest is expected to be paid semiannually. Market interest rate is 8%

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