3. EX.11.154 a. Prepare the journal entry to issue $100,000 bonds that sold for $94,000. If an amount box does not require an entry, leave it blank. b. Prepare the journal entry to issue $100,000 bonds that sold for $104,000. If an amount box does not require an entry, leave it blank.

3. EX.11.154 a. Prepare the journal entry to issue $100,000 bonds that sold for $94,000. If an amount box does not require an entry, leave it blank. b. Prepare the journal entry to issue $100,000 bonds that sold for $104,000. If an amount box does not require an entry, leave it blank.

Financial Reporting, Financial Statement Analysis and Valuation

8th Edition

ISBN:9781285190907

Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Chapter7: Financial Activities

Section: Chapter Questions

Problem 11QE

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Question

3. EX.11.154
a. Prepare the journal entry to issue $100,000 bonds that sold for $94,000. If an amount box does not require an entry, leave it blank.
b. Prepare the journal entry to issue $100,000 bonds that sold for $104,000. If an amount box does not require an entry, leave it blank.

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