formosa electric sold 400000 9 10 year bonds january 1 2014 bonds were dated january 1 and p

bus 599 week 3 assignment foreign market entry and diversification case corona bee 2859717 2
March 30, 2021
business project part 4 pfizer corp all questions need be answered reference page 4 pages
March 30, 2021

formosa electric sold 400000 9 10 year bonds january 1 2014 bonds were dated january 1 and p

Formosa Electric sold $400,000, 9%, 10-year bonds on January 1, 2014. The bonds were dated January 1 and paid interest on January 1 and July 1. The bonds were sold at 105. (a) Prepare the journal entry to record the issuance of the bonds on January 1, 2014. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
 
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