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Business, 31.07.2019 00:20 thicklooney

Mcknight corporation issued $ 2,100,000, 15-year, 4% bonds for $ 2,016,000 on january 1, 2019. interest is paid semiannually on january 1 and july 1. the corporation uses the straight-line method of amortization. mcknight's fiscal year ends on december 31. the amount of discount amortization on july 1, 2019, would be?

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Mcknight corporation issued $ 2,100,000, 15-year, 4% bonds for $ 2,016,000 on january 1, 2019. inter...
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