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Business, 04.10.2019 18:00 marialuis9115

On january 1 of year 1, congo express airways issued $3,500,000 of 7% bonds that. pay interest semiannually on january 1 and july 1. the bond issue price is $3,197,389 and the market rate of interest for similar bonds is 8%. the bond premium or discount is being amortized at a rate of $10,087 every six months. the company's december 31, year 1 balance sheet should reflect total liabilities associated with the bond issue in the amount of:

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On january 1 of year 1, congo express airways issued $3,500,000 of 7% bonds that. pay interest semia...
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