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    smithcaleb504's Avatar
    smithcaleb504 Posts: 1, Reputation: 1
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    #1

    Apr 27, 2016, 02:15 PM
    Journal help
    December 31: On January 1, Byte received $214,878.00 when they issued a $200,000.00, 7%, 10 year bond. Interest is to be paid semiannually on June 30 and December 31. The market rate was 6%. This entry was never recorded.
    December 31: Please record the timely interest payment for the bond using the straight line method that was made on June 30th, with check # 5367. This entry was never recorded..
    smoothy's Avatar
    smoothy Posts: 25,492, Reputation: 2853
    Uber Member
    		  
    #2

    Apr 27, 2016, 02:43 PM
    You forgot to cut and paste your work and answer too.


    As required by site rules for homework.
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