Business, 08.11.2019 00:31 juan01sebastian00
On january 2, 2018, schneider company issues $100,000 of 6% bonds. interest of $3,000 is payable semi-annually on june 30 and december 31. the bonds mature in 5 years. the bonds issued for $95,842 with an effective interest rate of 7%. effective interest recognized on june 30, 2018, using the effective interest method, will be equal to (round to the nearest full dollar)
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On january 2, 2018, schneider company issues $100,000 of 6% bonds. interest of $3,000 is payable sem...
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