Accounting people in here please

Discussion in 'SN95 4.6 Talk' started by Mustang4119, Jun 22, 2006.

  1. Mustang4119 New Member

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    On the first day of the current fiscal year, 1,500,00 of 10-year, 8% bonds, with interest payable semiannually, were sold for 1,225,000. Present entries to record the following transactions for the current fiscal year:

    (a) Issuance of the bonds
    (b) First Semiannual interest payment
    (c) Amortization of bond discount for the year, using the straight line method of amortization.
    Mustang4119, Jun 22, 2006
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  2. Dope 97GT New Member

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    is this another homework question:)
    Dope 97GT, Jun 22, 2006
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  3. Mustang4119 New Member

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    :)
    Mustang4119, Jun 22, 2006
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  4. Dope 97GT New Member

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    If I knew how to do it id help ya out
    Dope 97GT, Jun 22, 2006
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