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    Drice173's Avatar
    Drice173 Posts: 1, Reputation: 1
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    #1

    Apr 27, 2017, 02:27 PM
    If you issued 200,000 of 12% ten year bonds for 220,000. Is the entry record the issu
    If you issue 200,000 of 12 % ten -year bonds for 220,000 how do I entry to record the issuance of the bond
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Apr 28, 2017, 05:44 AM
    The bond is issued at a premium thus you have debt and you have a premium which is carried to equity
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