On January 1,2013,Davie Services Issued $20,000 of 8% Bonds That $$\begin{array} { | l | l | l | } \hline & & \\\hline & & \\\hline\end{array}$$

question 16

Essay

On January 1,2013,Davie Services issued $20,000 of 8% bonds that mature in five years.They were issued at par-for the same amount as the face value.Please provide the journal entry to issue the bonds.
$$\begin{array} { | l | l | l | } \hline & & \\\hline & & \\\hline\end{array}$$

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Definitions:

Locke-Latham Goal-setting Model

A theory that suggests specific and challenging goals enhance task performance through principles of clarity, challenge, commitment, feedback, and task complexity.

Efficiency and Effectiveness

The degree to which tasks are accomplished in a timely, resource-saving manner while also achieving the desired outcomes.

Performance Requirements

Specific criteria or standards that must be met within a role or job, outlining the expected level of output or quality of work.

Goal Clarity

The degree to which the objectives set by an individual or organization are precise, understandable, and measurable.