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    twilight123's Avatar
    twilight123 Posts: 4, Reputation: 1
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    #1

    Sep 21, 2009, 10:59 AM
    Retirement of bonds
    What accounts would you use for a journal entry that's says retirement of bonds?
    ArcSine's Avatar
    ArcSine Posts: 969, Reputation: 106
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    #2

    Sep 21, 2009, 01:55 PM
    Twi, peruse a sampling of some of the homework Q&As on the forum and you'll see a recurring pattern: Those questions that get quicker responses are the ones where the 'asker' has shown his or her work in trying to answer the question themselves, along with specific indications of where they're having trouble.

    On the other hand, when the 'asker' just types in the homework problem straight out of their book and then sits back awaiting the answer, well, those questions tend to get disregarded more often than not.

    Read the 'homework help' rules (you saw the bright red notice, no?), and then check back in with your work-in-progress on answering the questions. That'll trigger a quicker response.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #3

    Sep 21, 2009, 10:46 PM

    An interesting point, ArcSine.

    Twilight, you have several posts asking for entries. You need to learn more of the concepts behind the entries and how to interpret them. Knowing the answer to some specific entry isn't going to help you learn the concepts you need to know. It would be a whole lot better to give what you think the answer might be, along with WHY, and then we can help you better understand the why's behind things.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #4

    Sep 21, 2009, 10:47 PM
    Not to mention the fact that which specific accounts you would use would depend on the circumstances on the bonds.
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