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Business, 05.12.2019 20:31 Aj85537

Franklin corporation issues $50,000, 10%, 5-year bonds on january 1, for $52,100. interest is paid semiannually on january 1 and july 1.if franklin uses the straight-line method of amortization of bond premium, the amount of bond interest expense to be recognized on july 1 is: . $2,500b. $2,290c. $10,290d. $2,710

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