Entry to accrued interest problem

Reference no: EM13151104

Buttercup company 12% bonds, par $50,000, dated March 1, 2010, purchased at par plus accrued interest, interest payable annyally on March 1, due March 1 2030 was 52,000.

Prepare the entry to accrued interest on December 31,2010?

Reference no: EM13151104

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