Corp issued 50000 face value of bonds with the following
Question - Corp. issued $50,000 (face value) of bonds with the following details;
They mature in 1 year
The stated interest rate is 8%
The market interest rate is 10%
What is the journal entry to record the issuance of the bonds on Corp. books?
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question - corp issued 50000 face value of bonds with the following detailsthey mature in 1 yearthe stated interest
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