Excel Problem 10-8A
Excel Problem 10-8B
Excel Problem 10-10A
Problem 11-2A
Problem 11-7A
P10-8A
Prepare journal entries to record issuance of bonds, interest, straight-
line amortization, and balance sheet presentation
and balance sheet presentation
Yung Corporation sold $2,000,000, 7%, 5 year bonds on January 1,
2014. The bonds were dated January 1, 2014, and pay interest
on January 1. The company uses straight-line amortization on bond
premiums or discounts.
Instructions