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21. Carver Company issued 9% bonds on January 1, 2020 when the market yield was 10%, as is shown in the journal entry below. Interest
21. Carver Company issued 9% bonds on January 1, 2020 when the market yield was 10%, as is shown in the journal entry below. Interest is paid semiannually on June 30 and December 31. The effective interest method is used to amortize the bond discount. Credit Date Account Jan. 1, 2020 Cash Discount on Bonds Payable Bonds Payable Debit 1,337,431 162,569 1,500,000 What is the carrying amount of the bond on December 31, 2020? $
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