Each year with the first payment due december

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On January 1, 2013, Chavez Corp. issued $200,000 of 10 year, 6 percent bonds at their face value. Interest is payable on December 31 of each year with the first payment due December 31, 2013.

Required: 

Prepare all the general journal entries related to these bonds for 2013 and 2014.

Reference no: EM13924735

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Each year with the first payment due december : Prepare all the general journal entries related to these bonds for 2013 and 2014.
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