PDA

View Full Version : Accounting homework answers?


lexlex
Nov 27, 2010, 11:08 AM
Swanson Corporation issued $7,100,000 of 20-year, 8 percent bonds on April 1, 2009, at 102. Interest is
Due on March 31 and September 30 of each year, and all of the bonds in the issue mature on March 31,
2029. Swanson's fiscal year ends on December 31. Prepare the following journal entries:
a. April 1, 2009, to record the issuance of the bonds.
b. September 30, 2009, to pay interest and to amortize the bond premium.
c. March 31, 2029, to pay

Just Looking
Nov 30, 2010, 07:08 PM
Please read this announcement. We won't do your homework, but we will help you to understand it.

https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

If you'd like to work through it, let us know. Thanks.