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The kurten corporation is authorized to issue $500000 0f 8% bonds interest on the bond payable semiannually ;the bond are dated january 1,2010 and are due december 31,2015
Required
Prepare the journal entry to record the following:
April 1,2010 sold the bond par plus accrued interest
June 30,2010 first interest payment
Dec 31,2010 second interest payment
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An engineering and heavy contruction contractor repairs and renovates streets, airport runways bridges and other real property that have fallen into disrepair. If the contractor does not build an entire building, is DPAD available? Would the recei..
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