Help me with Answer A and B Please :)
A.
B.
No. | Accounts | Debit | Credit |
A. | Interest expense | 81463 | |
Discount on bonds payable (2200000-1770739)/20 | 21463 | ||
cash | 66000 | ||
B. | Cash | 2568003 | |
Premium on Bonds payable | 268003 | ||
Bonds payable | 2300000 | ||
Help me with Answer A and B Please :) A. B. Discount Amortization On the first day of the fiscal year, a company issues...
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