On March 1, 2012, Roger Corporation issued $150,000 of 10%, five-year bonds at 105. The bonds were dated March 1, 2012, and interest is payable on March 1 and September 1. Roger records amortization using the straight-line method. Roger?s financial reporting year ends on December 31.
Provide all necessary journal entries on each of the following dates:
1. March 1, 2012
2. September 1, 2012
3. December 31, 2012
4. March 1, 2017
This question was answered on: Jul 11, 2017
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