Log in

View Full Version : If you issued 200,000 of 12% ten year bonds for 220,000. Is the entry record the issu

Drice173
Apr 27, 2017, 02:27 PM
If you issue 200,000 of 12 % ten -year bonds for 220,000 how do I entry to record the issuance of the bond
paraclete
Apr 28, 2017, 05:44 AM
The bond is issued at a premium thus you have debt and you have a premium which is carried to equity