On august 1 clayton co issued 1300000 of 20-year 9 bonds
On August 1, Clayton Co. issued $1,300,000 of 20-year, 9% bonds, dated August 1, for $1,225,000. Interest is payable semiannually on February 1 and August 1. Present the entries to record the following transactions for the current year.
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on august 1 clayton co issued 1300000 of 20-year 9 bonds dated august 1 for 1225000 interest is payable semiannually on
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