Hawkeye company had applied to issue 400000 in bonds for 10, Financial Management

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Hawkeye company had applied to issue 400000 in bonds for 10

Hawkeye Company had applied to issue $400,000 in bonds for 10 years at 4% interest rate. Due to changes in market conditions, the bonds were issued for $405,000 with an effective interest rate of 3.8%. Please provide journal entry for 1) Issuance of bonds 2) First semi-annual interest payment (2 journal entries required for full credit)

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Financial Management: Hawkeye company had applied to issue 400000 in bonds for 10

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Financial Management: Hawkeye company had applied to issue 400000 in bonds for 10

Reference No:- TGS02299943

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