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Business, 04.09.2019 03:30 laywah4

Crystal glassware company issues $1,042,000 of its 14%, 10-year bonds at 97 on february 28,2019. the bonds pay interest on february 28 and august 31. assume that crystal uses thestraight-line method for amortization. what net amount will be reported for the bonds on theaugust 31, 2019 balance sheet? a) $1,010,740 b) $1,012,303 c) $1,009,177 d) $1,042,000

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Crystal glassware company issues $1,042,000 of its 14%, 10-year bonds at 97 on february 28,2019. the...
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