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Business, 29.07.2020 22:01 kyra737

On January 1, 2018, Westside Sales issued $16,000 in bonds for $19,800. These are eight-year bonds with a stated interest rate of 10% that pay semiannual interest. Westside Sales uses the straight-line method to amortize the bond premium. After the first interest payment on June 30, 2018, what is the bond carrying amount? (Round your intermediate answers to the nearest dollar.)

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On January 1, 2018, Westside Sales issued $16,000 in bonds for $19,800. These are eight-year bonds w...
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