ACCT 500 Liabilities Assignment On January 1, 2001, Bradley Corporation issued six-year bonds with a face value of $250,000 and a contract rate of...
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ACCT 500
Liabilities Assignment On January 1. 2001, Bradley Corporation issued six-year bonds with a face value of
$250,000 and a contract rate of 9%. The annual interest payment dates are January 1. Bradley uses the straight line method of amortizing bond premium or discount and the
bonds are sold at $239,111. 1. Prepare the journal entry to record the issue of bonds on January 1. 2001.
Subject: Accounting, Business

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