Mathematics, 21.07.2019 03:00 starboy1051
Acompany issued 5-year, 7% bonds with a par value of $100,000. the market rate when the bonds were issued was 6.5%. the company received $102,105 cash for the bonds. using the effective interest method, the amount of recorded interest expense for the first semiannual interest period is: multiple choice $1,750.00. $3,318.41. $3,500.00. $6,573.90. $7,000.00.
Answers: 1
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Mathematics, 21.06.2019 22:00
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Acompany issued 5-year, 7% bonds with a par value of $100,000. the market rate when the bonds were i...
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