Chapter 8
Non-Current Liabilities
411
AP-3B (
3
)
A company issued $502,000 of bonds at par on July 4, 2016. Write the journal entry to record
the transaction.
Date
Account Title and Explanation
Debit
Credit
AP-4B (
4
)
A company issued a $500,000 bond and received $525,000 cash on August 1, 2016. Write the
journal entry to record the transaction.
Date
Account Title and Explanation
Debit
Credit
