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Business, 22.04.2020 00:46 Longjeremiahs5797

On January 1, 2020, NoDice Corporation issues $540,000, 5-year, 12% bonds for $529,000. Interest is paid semiannually on January 1 and July 1. NoDice Corporation uses the straight-line method of amortization. The company's fiscal year ends on December 31. The amount of bond interest expense on July 1, 2020 is:

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On January 1, 2020, NoDice Corporation issues $540,000, 5-year, 12% bonds for $529,000. Interest is...
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