Shamrock Co. sells $ 386,000 of 12% bonds on June 1, 2020. The bonds pay...

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Accounting

Shamrock Co. sells $ 386,000 of 12% bonds on June 1, 2020. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 12024. The bonds yield 8%. On October 1Shamrock buys back 123,520 worth of bonds for 129,520 (includes accrued interest). entries through December 1, 2022 image
Da Arcos dupla De Cred 22 51 315400 12/01/20 3122 01/21 14411 012 1667 1 to record interest pense and premium amortization 12! Bowie 3350 GB 1950 forecard buy back of bondo 12/13 12/31/21 W.22 121122

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