Business, 02.01.2020 23:31 henryzx900

On january 1, the elias corporation issued 10% bonds with a face value of $116,000. the bonds are sold for $113,680. the bonds pay interest semiannually on june 30 and december 31 and the maturity date is december 31, ten years from now. elias records straight-line amortization of the bond discount. the bond interest expense for the year ended december 31 of the first year is. a. $485 b. $2,910 c. $5,820 d. $6,111

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On january 1, the elias corporation issued 10% bonds with a face value of $116,000. the bonds are so...

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