Business, 20.07.2019 01:40 lexiiiee

On december 31, 2018, spearmint, inc., issued $450,000 of 9 percent, 3-year bonds at a premium of $11,795. the bonds pay interest semiannually. spearmint uses the straight-line bond amortization method. the entry to record each interest payment includes a debit to bond interest expense for $18,284, a debit to premium on bonds payable for $1,966, and a credit to cash for $20,250. at june 30, 2019, the carrying value of the bonds will equal

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On december 31, 2018, spearmint, inc., issued $450,000 of 9 percent, 3-year bonds at a premium of $1...