Great Lake Glassware Company issues $1.121.000 of its 12%, 10-year bonds at 99 on February...
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Accounting
Great Lake Glassware Company issues $1.121.000 of its 12%, 10-year bonds at 99 on February 28, 201 Interest on February 28 and August 31. Assume that Great Lake uses the straight-line method for amorte entry to record the first interest payment on August 31, 2018 includes a debito interest one for 567.821 detto Discount on Bonds Payable for 5561 Co 567.260 beste for 560,699
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