Kershaw electric sold 4040000 14 10-year bonds on january 1


Kershaw electric sold $4,040,000, 14% 10-year bonds on January 1, 2017. The bonds were dated January 1, 2017 and paid interest on January 1. The bonds were sold at 96. Prepare a journal entry for January 1, 2017.

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Finance Basics: Kershaw electric sold 4040000 14 10-year bonds on january 1
Reference No:- TGS02224663

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