On January 1, 2017, Agee Company issued $85,000 of five-year, 8% bonds when the market interest rate was 12%. The issue price of the bonds was $62,401. Agee uses the effective-interest method of amortization for bond discount. Semiannual interest payments are made on June 30 and December 31 of each year. Required:
What is the correct journal entry to record the first interest payment?

a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.

i would ask my boss to do more things around the car shop. and i would slowly work my way up to working on cars and becoming a full time mechanic.

answer; organizational;

answer/// equals both average variable cost and average total cost at their respective minimums;