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View Full Version : Journal entry to record the purchase of a bond with purchased interest


tammyjennissen
Aug 5, 2008, 03:52 PM
Wanted to know the journal entry required when purchasing a bond with accrued interest and the bond is purchased at a discount

ROLCAM
Mar 10, 2009, 11:44 PM
DEBIT Bonds Account XXX
CREDIT Bank Account XXX