This preview shows page 1. Sign up to view the full content.
Unformatted text preview: premium on bonds payable account. At maturity, the entry to record the principal repayment is: General Journal Date Account Title and Description Ref . Debit Credit July 1 Bonds Payable 10,000 Cash 10,000 Repay bond principal at maturity...
View Full Document
This note was uploaded on 12/25/2011 for the course FIN 3312 taught by Professor Staff during the Spring '08 term at Texas State.
- Spring '08