Ayayai, Inc. had outstanding $5460000 of 11% bonds (interest payable July 31 and January 31)...
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Accounting
Ayayai, Inc. had outstanding $ of bonds interest payable July and January due in years. On July it issued $ of year bonds interest payable July and January at A paortion of the proceeds was used to call the bonds with unamortized discount of $ at on August Prepare the journal entries necessary to record issue of the new bonds and the refunding of the bonds.
Ayayai, Inc. had outstanding $ of bonds interest payable July and January due in years. On July it issued $ of year bonds interest payable July and January at A paortion of the proceeds was used to call the bonds with unamortized discount of $ at on August Prepare the journal entries necessary to record issue of the new bonds and the refunding of the bonds.
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