On January 1,2020 Boston Enterprises issues bonds that have a $3200000 par value ,matures
$5
$5
https://schema.org/InStock
usd
On January 1,2020 Boston Enterprises issues bonds that have a $3200000 par value ,matures.
The Bonds are sold at Par.
1) How much interest will Boston pay in cash to bonds holders every six months.
2) Prepare journal entries to record (a) the issuance of bonds on January 1st.
b) The first interest payment on June 30th,and c ) the second interest payment on December 31st.
3) Prepare the journal entry for issuance assuming the bonds issued at a) 98 and b)102
Size
11.3 KB
Add to wishlist