Business, 25.12.2019 05:31 Raechelrae04

On october 1, 2016, flounder corp. issued $780,000, 9%, 10-year bonds at face value. the bonds were dated october 1, 2016, and pay interest annually on october 1. financial statements are prepared annually on december 31. collapse question part (a) correct answer. your answer is correct. prepare the journal entry to record the issuance of the bonds.

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On october 1, 2016, flounder corp. issued $780,000, 9%, 10-year bonds at face value. the bonds were...

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