Daily Book of the Bond Issue Assignment
February 18th, 2020
The company Clarividente SA, issued bonds on December 31, 2018, with a life span of 3 years, will mature on December 31, 2021, with an issuance interest rate of 6%, a nominal value (phase value) of $ 92,000. Interest payments will be made every 6 months, then the first on June 30 of the year 2019 and the last on December 31 of the year 2021.
Make the entry in the Daily Book of the bond issue
Make the entry in the Daily Book of the first interest payment. .