Mathematics, 06.05.2020 22:16 allytrujillo20oy0dib
On January 1 of 2015, Parson Freight Company issues 8.0%, 10-year bonds with a par value of $3,700,000. The bonds pay interest semi-annually. The market rate of interest is 9.0% and the bond selling price was $3,448,582. The bond issuance should be recorded as:
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On January 1 of 2015, Parson Freight Company issues 8.0%, 10-year bonds with a par value of $3,700,0...
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