Business, 05.05.2020 22:39 kyleighkinler5647
On the first day of the fiscal year, a company issues an $882,000, 8%, five-year bond that pays semiannual interest of $35,280 ($882,000 x 8% x 1/2), receiving cash of $829,100. Journalize the entry to record the first interest payment and the amortization of the related bond discount using the straight-line method. If an amount box does not require an entry, leave it blank.
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Anthony wants to start making periodic investments in aretirement account. he will make a yearly contribution of$3,000 at the beginning of each year. the account will pay7.2% interest, compounded monthly. how much will hisaccount be worth after 35 years? $369,600$10,560$112,560$490,928.71
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On the first day of the fiscal year, a company issues an $882,000, 8%, five-year bond that pays semi...
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