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QUESTION
Prepare the journal entry for the first interest payment. Include the date. You can use the straight-line method to amortize the interest. Macy's...
1. Prepare the journal entry for the first interest payment. Include the date.
You can use the straight-line method to amortize the interest.
Macy's Retail Holdings, Inc. ("Macy's Holdings") is offering $500,000,000 aggregate principal amount of its 3.450% Senior Notes due January 15, 2021, which we refer to as the "senior notes."
