Using the straight-line method to allocate bond interest expense, the issuer records the second interest payment (on
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Using the straight-line method to allocate bond interest expense, the issuer records the second interest payment (on December 31,2005) with a debit to Premium on Bonds Payable in the amount of
(a) $7,470,
(b) $530,
(c) $8,000, or
(d) $400. hj5
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