On November 1, 2013, Archangel Services issued $200,000 of 10-year bonds with a stated rate of 3%. The bonds were sold at par, and make semiannual payments on April 30 and October 31. At December 31, 2013, Archangel made an adjusting entry to accrue interest at year-end. Please provide that journal entry.
Definitions:
Attend College
The action of enrolling in and going to a tertiary education institution for pursuing higher education or a degree.
Establishing Goals
The act of defining specific, measurable, achievable, relevant, and time-bound objectives to guide personal or professional development.
SMART Goal
A framework for setting specific, measurable, achievable, relevant, and time-bound objectives.
SMART Goal
A framework for setting goals which are Specific, Measurable, Achievable, Relevant, and Time-bound, leading to better success and clarity.
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