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On January 1, $838,000, five-year, 10% bonds, were issued for $812,860. Interest is paid semiannually on January 1 and July 1. If the issuing corporation uses the straight-line method to amortize the discount on bonds payable, the semiannual amortization amount is a.$25,140 b.$2,514 c.$5,028 d.$41,900
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On January 1, $838,000, five-year, 10% bonds, were issued for $812,860. Interest is paid semiannuall...
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