10. Company A has $ 100,000 of 5 % bonds that mature on December 31, 2020. (Note that all interest has already been paid and the discount is fully amortized. General Journal Page Date Account Titles and Explanation Debit Credit

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 5MC: On January 1, a company issued a 5-year $100,000 bond at 6%. Interest payments on the bond of $6,000...
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10. Company A has $ 100,000 of 5 % bonds that mature on December 31, 2020. (Note
that all interest has already been paid and the discount is fully amortized.
General Journal
Page
Date
Account Titles and Explanation
Debit
Credit
Acti
Go to
(UNITED STATES)
Transcribed Image Text:10. Company A has $ 100,000 of 5 % bonds that mature on December 31, 2020. (Note that all interest has already been paid and the discount is fully amortized. General Journal Page Date Account Titles and Explanation Debit Credit Acti Go to (UNITED STATES)
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