Elimination entry for bonds without numbers
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:6| Question number:13
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total answers (1)
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:6| Question number:13
total answers (1)
DR Bonds payable
need an explanation for this answer? contact us directly to get an explanation for this answerDR Interest Revenue
DR Premium on Bonds Payable
CR Interest Expense
CR Investment in S
CR Gain on sale (y1) or RE (subsequent yrs)