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Ty for the video! Very straight forward. Found this immensely helpful for my accounting exam.
Do you have to make any journal entry for the actual issued date (April 1)
Thank you so much!
No entry is made until the bonds are actually sold (June). April 1 is just when the bonds are dated (and scheduled to pay interest).
Great video, much better explanation than my Intermediate Accounting book.
lol I don't understand why these videos are made like this. It's like you're speed reading through cliff notes. Are these directed at first time students? Surely not, because it would really help to break things down with concepts and math…like they have to do in tests.
So if these aren't made for students…what's the point? People who understand these concepts fluently enough definitely are way past this type of video.
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