What is the amount of bond interest expense recorded at the first semiannual period using the straight-line

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What is the amount of bond interest expense recorded at the first semiannual period using the straight-line method?Five-year, 6% bonds with a $100,000 par value are issued at a price of $91,893. Interest is paid semiannually, and the bonds' market rate is 8% on the issue date.

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Fundamental Accounting Principles Volume 2

ISBN: 9780077716660

21st Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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