Prepare journal entries to record transactions
Prepare journal entries to record transactions related to long-term bonds. On April 1, 2008, Jones issued $500,000, 9% bonds for $537,868 including accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2008
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Prepare journal entries to record transactions related to long-term bonds. On April 1, 2008, Jones issued $500,000, 9% bonds for $537,868 including accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 200
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The desired ending cash balance is $30,000. To attain its desired ending cash balance for March, what amount the company needs to borrow:
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