Record general journal us straight-line amortization method

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On 1/1/X1 your Co. Issued $50000 of 10 years 10% bonds at 105. interest payments are due 6/30 & 12/31 Of each year and your Co. Uses the straight-line amortization method.

On 1/1 /X1 your Co. Issued $80,000 of 8 years 6% bonds at 97. interest payments are due 6/30 and 12/30 of each year and your Co. uses the straight-line amortization method.

Question 1: Record in the general journal

Reference no: EM132532821

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