Chapter 8
Non-Current Liabilities
404
c) Prepare the journal entry required on March 31, 2017.
Date
Account Title and Explanation
Debit
Credit
d) Prepare the journal entry required on June 30, 2017.
Date
Account Title and Explanation
Debit
Credit
e) Calculate the book value (carrying amount) of bonds payable at December 31, 2016.
