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Business, 23.04.2020 23:33 10040813

On January 1, 2020, Always Corporation issues $2,600,000, 5-year, 10% bonds for $2,950,000. Interest is paid semiannually on January 1 and July 1. Always Corporation uses the straight-line method of amortization. The company's fiscal year ends on December 31. The amount of premium amortized on July 1, 2020 is:

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On January 1, 2020, Always Corporation issues $2,600,000, 5-year, 10% bonds for $2,950,000. Interest...
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