Answered>Order 2065
problem 10-8A financial statement impact of a bondWorthington Company issued $1,000,000 face value , six-year, 10% bond on July 1, 2010, when the market rate of interest was 12%. Interest payments are due every July 1, and January 1. Worthington uses a calendar year-end.1. Prepare the journal entry to record the issuance of the bonds […]