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Business, 27.07.2021 22:10 pg67891012345

Jones Company has $500,000 of 10-year bonds payable outstanding. These bonds had a discount of $40,000 at issuance, which was 5 years ago. The company uses the straight-line amortization method. The current carrying amount of these bonds is:

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Jones Company has $500,000 of 10-year bonds payable outstanding. These bonds had a discount of $40,0...
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