Business, 26.11.2019 23:31 Anne4912

On november 1, 2018, arch services issued $304,000 of eight−year bonds with a stated rate of 9% at par. interest payments occur each april 30 and october 31. on december 31, 2018, arch made an adjusting entry to accrue interest at year−end. what is the amount of interest expense that will be recorded on december 31, 2018? (do not round any intermediate calculations, and round your final answer to the nearest dollar.)

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On november 1, 2018, arch services issued $304,000 of eight−year bonds with a stated rate of 9% at p...

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