subject
Business, 19.12.2019 19:31 cjjudecjude5675

Johanna corporation issued $3,000,000 of 8%, 20-year bonds payable at par value on january 1. interest is payable each june 30 and december 31.

(a) prepare the general journal entry to record the issuance of the bonds on january 1.

(b) prepare the general journal entry to record the first interest payment on june 30.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:10
Acustomer has come to your department with an urgent question. you promised her that you would collect information about her question and answer it by noon. it will take you at least 20 minutes to gather the information needed to provide an answer. it is now 11: 50 a.m. your supervisor just scheduled a 30-minute meeting to start at noon. this meeting is for all employees in your department. you decide to:
Answers: 2
question
Business, 21.06.2019 23:00
Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.
Answers: 2
question
Business, 22.06.2019 12:40
Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
Answers: 1
question
Business, 22.06.2019 17:30
What is the sequence of events that could lead to trade surplus
Answers: 3
You know the right answer?
Johanna corporation issued $3,000,000 of 8%, 20-year bonds payable at par value on january 1. intere...
Questions
question
Social Studies, 27.01.2021 20:30
question
Mathematics, 27.01.2021 20:30
Questions on the website: 13722361