On january 1 2017 klosterman company issued 599000 14


Question - On January 1, 2017, Klosterman Company issued $599,000, 14%, 10-year bonds at face value. Interest is payable annually on January 1.

Prepare the journal entry to record the payment of interest on January 1, 2018.

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Accounting Basics: On january 1 2017 klosterman company issued 599000 14
Reference No:- TGS02364663

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