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Title: On January 1, 2013, JetNew Corp. issued $300,000 of 8%, 5-year bonds, with annual interest payments ... Post by: Harrison on Nov 10, 2017 On January 1, 2013, JetNew Corp. issued $300,000 of 8%, 5-year bonds, with annual interest payments on January 1. The bonds were issued when the market rate was higher than 8% and thus JetNew received $265,000 for this bond. Prepare the journal entry to record the issuance of this bond on January 1, 2013. Show how this bond would appear on the balance sheet.
Title: Re: On January 1, 2013, JetNew Corp. issued $300,000 of 8%, 5-year bonds, with annual interest ... Post by: Alexmosuthe on Nov 10, 2017 Content hidden
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