Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
What are the journal entries for: Sold inventory costing $62,000 for $81,000 to custo
[ 1 Answers ]
What are the journal entries for: (1)Sold inventory costing $62,000 for $81,000 to customers on account to be paid at a later date. Cost of Goods Sold - $62,000 Inventory - $62,000 Accounts Receivable - $19,000 Sales Revenue $ 19,000 I am...
Issued 3,000, 8%, 5-year, $1,000 bonds dated January 1, 2011, at face value
[ 1 Answers ]
I need to record the journal entry for interest paid on July 1 and record interest paid on dec 31. I am stuck
On July 1, 2010, Brower Industries Inc. Issued $32,000,000 of 10-year, 12% bonds at a
[ 1 Answers ]
On July 1, 2010, Brower Industries Inc. Issued $32,000,000 of 10-year, 12% bonds at an effective interest rate of 13%, receiving cash of $30,237, 139. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Instructions: ...
Journal Entries for Issue of PAR Bonds
[ 2 Answers ]
A Company issued PAR Bonds of 3,50,000 for 4,00,000. The Period of Bond is 5 Years and Interest is payable Half yearly @ 10%. Kindly advise the Journal Entries to be made for the Issue and Interest amortization on Straight Line Method. View more questions Search
|