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Business, 06.04.2020 18:46 cheaterman4121

On Januaryâ 1, 2019, Always Corporation issues $ 2,800,000â, 5-âyear, 10â% bonds for $ 2,710,000. Interest is paid semiannually on January 1 and July 1. Always Corporation uses the straightline method of amortization. Theâ company's fiscal year ends on December 31. The amount of discount amortized on Julyâ 1, 2019â is:

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On Januaryâ 1, 2019, Always Corporation issues $ 2,800,000â, 5-âyear, 10â% bonds for $ 2,710,000. In...
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