On january 1 2012 buchanan company issues at par 2-year, Financial Accounting

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On january 1 2012 buchanan company issues at par 2-year

On January 1, 2012 Buchanan Company issues at par 2-year term bonds with a par value of $100,000 to yield 10%, and bearing interest at an annual rate of 10 percent payable semiannually on July 1 and January 1. FYE is December 31st.

Required: write the appropriate journal entries for a bond

a) Issued at par (do one year)

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Financial Accounting: On january 1 2012 buchanan company issues at par 2-year

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Financial Accounting: On january 1 2012 buchanan company issues at par 2-year

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