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Other Fields Homework Help Accounting Topic started by: Fast2F on Jun 6, 2017



Title: Island Corporation issued $500,000 of 6%, 10-year bonds at 104 on May 1, 2009. Interest is paid ...
Post by: Fast2F on Jun 6, 2017
Island Corporation issued $500,000 of 6%, 10-year bonds at 104 on May 1, 2009. Interest is paid semiannually on October 31 and April 30. Journalize the entries for the issuance of the bond on May 1, the first interest payment on October 31 using straight-line method, and the adjusting entry on December 31.


Title: Re: Island Corporation issued $500,000 of 6%, 10-year bonds at 104 on May 1, 2009. Interest is paid ...
Post by: keytwo on Jun 6, 2017
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Title: Re: Island Corporation issued $500,000 of 6%, 10-year bonds at 104 on May 1, 2009. Interest is paid ...
Post by: Fast2F on Jul 18, 2017
I was skeptical at first but decided to give this a try.

Happy I did, you guys are so smart