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Business, 08.12.2020 14:00 1hannacarson
A company issued 5-year, 7% bonds with a par value of $200,000. The market rate when the bonds were issued was 6.5%. The company received $202,000 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is
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A company issued 5-year, 7% bonds with a par value of $200,000. The market rate when the bonds were...
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