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Business, 26.06.2019 18:50 woodpeckerdeejpe8wvh
On the first day of the fiscal year, a company issues a $500,000, 8%, 10-year bond that pays semiannual interest of $20,000 ($500,000 × 8% × 1/2), receiving cash of $520,000. journalize the entry to record the first interest payment and amortization of discount/premium using the straight-line method. if an amount box does not require an entry, leave it blank or enter "0".
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On the first day of the fiscal year, a company issues a $500,000, 8%, 10-year bond that pays semiann...
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