On January 1, 2013, Husky Inc. issued $20 million of 8% semi-annual bonds dated December...
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Accounting
On January 1, 2013, Husky Inc. issued $20 million of 8% semi-annual bonds dated December 31, 2017. Bonds with similar characteristics to these pay interest at a rate of 5%.
Record the issuance of the bond on 1/1/13.
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