Chp 10 JE journal entries

Premium cash 103000 premium on bonds bonds payable

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Unformatted text preview: Payable 6,100 100 6,000 To recognize bond interest expense for the 6 mths July 1 to Dec 31, 2012 Bonds Payable 100,000 Cash Re[red the $100,000, 12%, 10 yr bonds Accoun5ng for Bonds Issued at a Premium Cash 103,000 Premium on Bonds Bonds Payable Sold $100,000, 12%, 10 yr bonds at 103 100,000 3,000 100,000 Bond Interest Expense 5,850 Premium on Bonds 150 Cash 6,000 Paid semiannual interest on the $100,000, 12%, 10...
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This note was uploaded on 01/29/2014 for the course ACC 221 taught by Professor Julieancius during the Spring '12 term at Wisc La Crosse.

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