Whispering corporation issued $480,000 of 7% bonds on november 1, 2017, for $515,707. the bonds were dated november 1, 2017, and mature in 10 years, with interest payable each may 1 and november 1. whispering uses the effective-interest method with an effective rate of 6%.prepare whispering's december 31, 2017, adjusting entry.
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Whispering corporation issued $480,000 of 7% bonds on november 1, 2017, for $515,707. the bonds were...
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