In: Accounting
how do you record the bonds payable if issued between the two interest payment dates. For example if the interest payment dates are Jan 1 and July 1 and the company issues the bonds payable on March 1, 2015, how do you record such issue. Explain with suitable examples.
how do you record the bonds payable if issued between the two interest payment dates. For example if the interest payment dates are Jan 1 and July 1 and the company issues the bonds payable on March 1, 2015,