Business, 28.06.2021 19:10 johnthevarietyboy200

Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson issued $840,000 of 25-year, 8% bonds on May 1 of the current year at face value, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions for the current year. May 1 Issued the bonds for cash at their face amount.
Nov. 1 Paid the interest on the bonds.

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Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson issue...

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