On January 1, Newkirk Company issued $342,200, 8%, 10-year bonds at face value.
ID: 2505347 • Letter: O
Question
On January 1, Newkirk Company issued $342,200, 8%, 10-year bonds at face value. Interest is payable annually on January 1. On January 1, Newkirk Company issued $342,200, 8%, 10-year bonds at face value. Interest is payable annually on January 1. Date Account Titles and Explanation Debit Credit Date Account Titles and Explanation Debit Credit Date Account Titles and Explanation Debit Credit On January 1, Newkirk Company issued $342,200, 8%, 10-year bonds at face value. Interest is payable annually on January 1.Explanation / Answer
Date
Account Titles and Explanation
Debit
Credit
Jan. 1
Cash A/c
Date
Account Titles and Explanation
Debit
Credit
Jan. 1
Cash A/c