Accounting principal 2  chapter-14Q:- On April 1,2019 Cowell Company issued $3000000, 20 year year,ond at 95 so that investors would receive a 6% return their investments. Interest is payable semi-annually.A) Record the Journal entry April 11, 2019B)Record  the journal entry  for September 30, 2019(straight-line method of amortization)C)  same as B except use the effective interest method.D)Record the adjusting entry Dec. 31, 2019(straight-line method)E)Record the necessary closing entry

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Asked Nov 5, 2019
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 Accounting principal 2  chapter-14

Q:- On April 1,2019 Cowell Company issued $3000000, 20 year year,ond at 95 so that investors would receive a 6% return their investments. Interest is payable semi-annually.

A) Record the Journal entry April 11, 2019

B)Record  the journal entry  for September 30, 2019(straight-line method of amortization)

C)  same as B except use the effective interest method.

D)Record the adjusting entry Dec. 31, 2019(straight-line method)

E)Record the necessary closing entry

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