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A company issues $100,000 face value, zero-coupon, 4-year U. S. corporate bonds on January 1, 20XO, when the market rate for similar risk bonds is 12%. The bond uses annual compounding. The firm uses effective-interest amortization. What is the amount for the second discount or premium Bond Payable journal entry
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A company issues $100,000 face value, zero-coupon, 4-year U. S. corporate bonds on January 1, 20XO,...
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