Issuing Bonds Cyber Tech Inc. produces and distributes fiber optic cable for use by...
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Accounting
Issuing Bonds Cyber Tech Inc. produces and distributes fiber optic cable for use by telecommunications companies. Cyber Tech Inc. issued $ of year, bonds on March at their face amount, with Interest payable on March and September The fiscal year of the company is the calendar year. Illustrate the effects on the accounts and financial statements of recording the following selected transactions for the current year. If no account or activity is affecte select No effect" from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. Round your answers to the nearest dollar.
Issuing Bonds
Cyber Tech Inc. produces and distributes fiber optic cable for use by telecommunications companies. Cyber Tech Inc. issued $ of year, bonds on March
at their face amount, with Interest payable on March and September The fiscal year of the company is the calendar year.
Illustrate the effects on the accounts and financial statements of recording the following selected transactions for the current year. If no account or activity is affecte
select No effect" from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative
amounts. Round your answers to the nearest dollar.
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