13. What is the amount of discount amortization that McCabe Corporation will record on July 1, 20X1,

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13. What is the amount of discount amortization that McCabe Corporation will record on July 1, 20X1, the first semi-annual interest payment date?

a. $0

c. $2,240

b. $1,269

d. $2,538

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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