worthington company issued 1000000 face value 10


Worthington Company issued 1,000,000 face value, 10% bonds on July 1 2012, when the market rate of interest was 12%. Interest payments are due every July 1 and January 1. Worthington uses a calendar year-end.

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Accounting Basics: worthington company issued 1000000 face value 10
Reference No:- TGS0411432

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