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On january 1, 2019, commercial equipment sales issued $38,000 in bonds for $15,700. these are sixminus−year bonds with a stated interest rate of 10%, and pay semiannual interest on june 30 and december 31. commercial equipment sales uses the straightminus−line method to amortize the bond discount. what amount is debited to interest expense on june 30, 2019?
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On january 1, 2019, commercial equipment sales issued $38,000 in bonds for $15,700. these are sixmin...
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