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On January 1, a company iIssued and sold a $490,000, 3% 10- year bond payable, and received proceeds of $484,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The carrying value of the bonds Immediately after the second Interest payment is:.a. $484,600 b. $483,700 c. $484,300 d. $490,000 e. $489700
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On January 1, a company iIssued and sold a $490,000, 3% 10- year bond payable, and received proceeds...
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