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Business, 22.01.2021 04:50 michellemonroe012305

On July 1, 2019, Garden Works, Inc. issued $301,200 of ten-year, 7% bonds for $309,000. The bonds were dated July 1, 2019, and semi-annual interest will be paid each December 31 and June 30. Garden Works Inc. uses the straight-line method of amortization. What is the net amount of the bond liability to be reported on the December 31, 2019 balance sheet

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On July 1, 2019, Garden Works, Inc. issued $301,200 of ten-year, 7% bonds for $309,000. The bonds we...
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