Business, 09.02.2021 01:00 brde1838

Corporation issued of % -year bonds. The bonds are dated and sold on January 1, . Interest payment dates are January 1 and July 1. The bonds are issued for to yield the market interest rate of %. On the first semiannual interest payment date, July 1, , the company recorded in interest expense and in discount amortization. The interest payment is . Using the effective-interest method, what is the carrying amount of the bonds on the January 1, balance sheet?

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Corporation issued of % -year bonds. The bonds are dated and sold on January 1, . Interest payment d...

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