FA Chapter 10 SM

2. 2007 Nov. 30 Bond Interest Expense 4,006 Discount on Bonds Payable 506 Cash 3,500 To record 6 months’ interest and discount amortization. Dec. 31 Bond Interest Expense 668 Discount on Bonds Payable 84 Interest Payable 584 To record one month's accrued interest ................
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