Goliath corporation issues 300000 of bonds for


Goliath Corporation issues $300,000 of bonds for $312,000. 

(a) Prepare the journal entry to record the issuance of the bonds, and 

(b) Show how the bonds would be reported on the balance sheet at the date of issuance. 

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Accounting Basics: Goliath corporation issues 300000 of bonds for
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