If the accounting year for frank ends at december 31 2015
On July 1, 2015, Frank Corp. purchased $100,000 of 8% bonds at face value. Interest is paid annually on June 30. If the accounting year for Frank ends at December 31, 2015, what will be reported with respect to the bonds on that date?
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the data below is for music corporation for 2015-account receivable - jan 1 2015 236 000 credit sales during 2015
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