I would really appriciate anybodys help
On August 1, 2008 Banff purchased, as a temporary investment, 70 $ 1000, six percent bonds of Allen Corp, at par. The bonds mature on August 1, 2011. Interest payment dates are July 31 and January 31
Thanks
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I would really appriciate anybodys help
On August 1, 2008 Banff purchased, as a temporary investment, 70 $ 1000, six percent bonds of Allen Corp, at par. The bonds mature on August 1, 2011. Interest payment dates are July 31 and January 31
Thanks
A Retired bond at 130,000 face value at 12% at 102. How to do the journal entry?
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