Homework Answers
ENTRY TO RECORD THE BOND ISSUE ON APRIL 1 , 2016
|
Date |
Accounts |
Debit |
Credit |
|
April 1, 2016 |
Bank /Cash |
$ 515000 |
|
|
Bonds Payable |
$500000 |
||
|
Premium on Bonds Payable |
$ 15000 |
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