What is the pertinent entries for incise to carve co

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On january 1 20x1 INCISE TO CARVE Co. issued 1000, P 2 000, 12% 3 year bonds for P 2 099 474. Principal is due on December 31 20x3 but interest are due annually every year end. the effective rate is 10%. requirements:

Problem A. what is the pertinent entries.

Reference no: EM132700746

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