E-tech initiatives limited plans to issue 440000 10-year 8

Reference no: EM13604416

E-Tech Initiatives Limited plans to issue $440,000, 10-year, 8 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2010. Required: Show how the bonds would be reported on the January 2, 2010 balance sheet if they are issued at 95.

Reference no: EM13604416

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