Interest is payable annually on january 1 prepare the


Question - Romine Company issued $581,600 of 9%, 15-year bonds on January 1, 2014, at face value. Interest is payable annually on January 1. Prepare the journal entries to record the accrual of interest on December 31, 2014?

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Accounting Basics: Interest is payable annually on january 1 prepare the
Reference No:- TGS02881973

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