On april 30th2004 hackman corporation issued 1 million face

Reference no: EM13576263

On April 30th,2004 Hackman Corporation issued 1 million face value 12% bonds dated January 1,2004, for $1040000 plus accrued interest. the bonds pay interest semiannually on June 30th and december 31 and are due on december 31, 2011. the company uses straight line amortization method.record the issuance of the bonds and the first two interest payments.

Reference no: EM13576263

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