Business, 01.08.2020 20:01 zoeyjorschumb17

On December 31, 2018, Gardner Company holds debt securities classified as HTM with a face amount of $100,000 and a carrying value of $95,000. The bonds have an effective interest rate of 6% and pay interest of $2,500 semi-annually on June 30 and December 31. The effective interest revenue recognized for the six months ended December 31, 2018 is:

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On December 31, 2018, Gardner Company holds debt securities classified as HTM with a face amount of...