On november 1 2013 a company issued 10-year prepare the


Question - On November 1, 2013, a company issued 10-year, 9% bonds, with a par value of $500,000 when the market rate was 9.5%. The issuer received $484,087 in cash proceeds. Prepare the issuer's journal entry to record the bond issuance.

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Accounting Basics: On november 1 2013 a company issued 10-year prepare the
Reference No:- TGS02827245

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