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Heathrow issues $2,000,000 of 6%, 15-year bonds dated January 1, 2011, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $2,447,990.
Required:
1. Prepare the January 1, 2011, journal entry to record the bonds' issuance.
2(a) For every semiannual period, compute the cash payment.
2(b) For every semiannual period, compute the the straight-line premium amortization.
My trial balance is off by $304 and I can''t find my error
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The intestate leaves no spouse and no children The net estate devolves as follows: to his Father; or if dead Mother; or if dead Brothers and sisters, and any child o
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