The bryan company issued 500000 of 10 face value bond on, Accounting Basics

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The bryan company issued 500000 of 10 face value bond on

The Bryan company issued $500000 of 10% face value bond on January1,2010 for$486,000.The bond are due Dec 31,2012, and pay interest semiannually on june 30, and Dec 31.the company use the straight line amortization method.

Required:

Prepare the journal entry to record the issuance of the bond and first two interest payments.

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Accounting Basics: The bryan company issued 500000 of 10 face value bond on

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Accounting Basics: The bryan company issued 500000 of 10 face value bond on

Reference No:- TGS0597959

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : A solution is prepared by dissolving 437 g cesium chloride

Q : When a liquid and its vapor are in equilibrium the rates of

Q : On april 302010 hackman corporation issued 1 million face

Q : The duration of a 10-year bond is 875 and the duration of a

Q : The bryan company issued 500000 of 10 face value bond on

Q : Athin film of acetone n 125 coats a thick glass plate n

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Q : Calculate the book value of the equipment at december 31

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: The bryan company issued 500000 of 10 face value bond on

Reference No:- TGS0597959

Recent Questions Asked Accounting Basics

Q : A solution is prepared by dissolving 437 g cesium chloride

Q : When a liquid and its vapor are in equilibrium the rates of

Q : On april 302010 hackman corporation issued 1 million face

Q : The duration of a 10-year bond is 875 and the duration of a

Q : The bryan company issued 500000 of 10 face value bond on

Q : Athin film of acetone n 125 coats a thick glass plate n

Q : A reaction has a standard free-energy change of -1060 kj

Q : Calculate the book value of the equipment at december 31

Q : A 10-mv signal source having an internal resistance of 100

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