Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 23 Aug 2017 My Price 4.00

Angel Corporation

straight-Line Method

se5. On April 1, 2014, Angel Corporation issued $8,000,000 in 8.5 percent, five-year bonds at 98. The semiannual interest payment dates are April 1 and October 1. Prepare journal entries to record the issue of the bonds by Angel on April 1, 2014, and the first two interest payments on October 1, 2014, and April 1, 2015. Use the straight-line method and ignore year-end accruals.

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Maurice Tutor
(5)
Status NEW Posted 23 Aug 2017 10:08 PM My Price 4.00

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