ex p10-39a - 3,000 Interest Payable 3,000 May 31 Interest...

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P10-39A (20-25 min) Req. 1 8% Journal Entry 10 Years Date Accounts Debit Credit July 31 Cash 456,000 Bonds Payable 450,000 Interest Payable 6,000 Nov. 30 Interest Expense 12,000 Interest Payable 6,000 Cash 18,000 Dec. 31 Interest Expense
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Unformatted text preview: 3,000 Interest Payable 3,000 May 31 Interest Expense 18,000 Cash 18,000 Req. 2 Current Liabilities: Interest Payable $3,000 Long Term Liabilities: Bonds Payable $450,000...
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This note was uploaded on 08/09/2011 for the course ACCOUNTING --- taught by Professor --- during the Spring '11 term at Universidad Iberoamericana.

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