On January 1, 2020, Barton Company issued $200,000, five-year, 10% bonds for $191,000. The bonds were dated January 1, 2019, and interest is payable each January 1 and July 1. Barton uses the straight-line method of amortization. How much is the book value of the bonds after the December 31, 2020 interest payment was recorded using the straight-line method of amortization
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On January 1, 2020, Barton Company issued $200,000, five-year, 10% bonds for $191,000. The bonds wer...
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