The kurten corporation is authorized to issue $500000 0f 8% bonds interest on the bond payable semiannually ;the bond are dated january 1,2010 and are due december 31,2015
Required
Prepare the journal entry to record the following:
April 1,2010 sold the bond par plus accrued interest
June 30,2010 first interest payment
Dec 31,2010 second interest payment