Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 22 Feb 2018 My Price 4.00

Noble Corporation

Bond Retirement

se8. Noble  Corporation  has  outstanding  $400,000  of  8  percent  bonds  callable at

104.    On December 1, immediately after the payment of the semiannual interest and the amortization of the bond discount were recorded, the unamortized bond discount equaled $10,500. On that date, $240,000 of the bonds were called and retired. Prepare the journal entry to record the retirement of the bonds on December 1.

 

Answers

(5)
Status NEW Posted 22 Feb 2018 10:02 PM My Price 4.00

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