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

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

a. $0

c. $1,246

b. $2,562

d. $1,504

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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