Pinetop Corporation issued $153,000 of 8-year bonds at par. The bonds have a stated rate of 7% and pay interest annually. What is the journal entry to record the sale of the bonds? If an amount box does not require an entry, leave it blank. fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6
Pinetop Corporation issued $153,000 of 8-year bonds at par. The bonds have a stated rate of 7% and pay interest annually. What is the journal entry to record the sale of the bonds? If an amount box does not require an entry, leave it blank. fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6
Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 9EA: On Jan. 1, Year 1, Foxcroft Inc. issued 100 bonds with a face value of $1,000 for $104,000. The...
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Pinetop Corporation issued $153,000 of 8-year bonds at par. The bonds have a stated rate of 7% and pay interest annually.
What is the
fill in the blank 2 | fill in the blank 3 | ||
fill in the blank 5 | fill in the blank 6 |
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