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Andrews corporation issued 300,000 of 12%, 3-year bonds on january 1. Interest is payable semiannually on June 30 and December 312.. Andrews uses the straight-line methid of amortization.
a. Prepare the journal entry to record the issuance of the bonds if they are issued at 101. For a compound transcation, if an amount box does not require an entry, leave it blank.
b. Prepaer the journal entry to record the first payment of interest on june 30. For a compund transaction, if an amount box does not require an entry, leave it blank.
c. Will Andrews make the same interest payment entry on december 31?
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prepare the production budget and direct materials purchase budget for the quarter from the data given below.production
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The amount of OASDI taxes to withhold from Crow's pay is
The bank tells me the discount rate should be 10 percent. If the project loses money, let me know how many procedures in addition to the 450 projected per year we would need to generate in order to break even.
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