Horton Enterprises issued $100,000, 10-year, 6% bonds payable on 1/1. Interest is payable each 6 months 1/1 and 7/1. The discount or premium is amortized using the straight line method. Journalize the issuance at par value. Journalize the selling price of $90,000 when the market rate is 7 %. Journalize […]