Business, 03.09.2019 01:20 yurionice42069

On january 1, 2018, bentley corporation issued $1,000,000 of 10-year, 8% bonds at 105, when the market rate of interest was 7%. the bonds pay interest annually on december 31. the company uses the effective interest method of amortization. how much interest expense will bentley corporation report on its income statement for the year ended december 31, 2018?

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On january 1, 2018, bentley corporation issued $1,000,000 of 10-year, 8% bonds at 105, when the mark...

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