Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Prepare the appropriate journal entries on dec 31, 2012 and June 30, 2013. (https://www.askmehelpdesk.com/showthread.php?t=734743)

  • Feb 17, 2013, 07:03 PM
    acyril87
    Prepare the appropriate journal entries on dec 31, 2012 and June 30, 2013.
    Magic company issued $500,000,10%,10-year bonds on December 31, 2012 for 460,000. Interest is payable semiannually on June 30 and Dec 31. Magic uses the straight line method of amortization and has a calendar year end. Prepare the appropriate journal entries on dec 31, 2012 and June 30, 2013.

  • All times are GMT -7. The time now is 10:42 AM.