ACCOUNTING BONDS PAYABLE RECORD ISSUANCE AND PREMIUM AMORTIZATION

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• Prepare entries to record issuance of bonds, payment of interest, and amortization of premium using effective-interest method

  89359 Prepare entries to record issuance of bonds, payment of interest, and amortization of premium using effective-interest method On July 1, 2006, S. Strigel Chemical Company issued $5,000,000 face value, 10%, 10-year bonds at $5,679,533.

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• Prepare entries for issuance of bonds

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