Business, 12.07.2019 04:10 jujulakaeuaws

Swifty corporation issued 3,100 5%, 5-year, $1,000 bonds dated january 1, 2017, at face value. interest is paid each january 1. (a) prepare the journal entry to record the sale of these bonds on january 1, 2017. (b) prepare the adjusting journal entry on dec 31, 2017, to record interest expense. (c) prepare the journal entry on jan 1, 2018, to record interest paid.

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Swifty corporation issued 3,100 5%, 5-year, $1,000 bonds dated january 1, 2017, at face value. inter...

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