December 1:on january 1, Byte

Sigchi4life
Category:
Accounting

Question description

December 1:on january 1, Byte received $128,926.80 when they issue a $120,000.00, 7%, 10 year bond. interest is to be paid semiannually on june 30 and december 31. the market rate was 6%. this entry was never recorded.

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