Pogden Company issued a $1,100,000, 5%, ten-year bond payable at face value on January 1, 2024. Interest is paid semiannually on January 1 and July 1. Journalize the issuance of the bond payable on January 1, 2024.

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24-07-2024
Business

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Pogden Company issued a $1,100,000, 5%, ten-year bond payable at face value on January 1, 2024. Interest is paid semiannually on January 1 and July 1. Journalize the issuance of the bond payable on January 1, 2024.

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