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Business, 04.09.2019 03:20 alexialiles19

On january 1, 2019, commercial equipment sales issued $28,000 in bonds for $15,700. these aresix-year bonds with a stated interest rate of 10%, and pay semiannual interest on june 30 anddecember 31. commercial equipment sales uses the straight-line method to amortize the bonddiscount. what amount is debited to interest expense on june 30, 2019? a) $2425 b) $1025 c) $25,067 d) $1400

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On january 1, 2019, commercial equipment sales issued $28,000 in bonds for $15,700. these aresix-yea...

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