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Mathematics, 25.07.2019 08:30 beej543
On january 1, a company issues bonds dated january 1 with a par value of $760,000. the bonds mature in 3 years. the contract rate is 8%, and interest is paid semiannually on june 30 and december 31. the bonds are sold for $742,000. the journal entry to record the first interest payment using straight-line amortization is
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On january 1, a company issues bonds dated january 1 with a par value of $760,000. the bonds mature...
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