Prepare journal entry to record the issuance of the bonds


Pueblo Company issued $300,000 of 5-year, 8% bonds at 98 on January 1, 2014. The bonds pay interest twice a year. Prepare the journal entry to record the issuance of the bonds. assuming the bonds were issued at 104.

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Accounting Basics: Prepare journal entry to record the issuance of the bonds
Reference No:- TGS039095

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