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4. Tang corporation, a calendar year end entity, issues $1M of 30-year bonds at 6.5% on July 1st What is the interest expense amount to
4. Tang corporation, a calendar year end entity, issues $1M of 30-year bonds at 6.5% on July 1st What is the interest expense amount to accrue at the end of the month in September assuming no interest has been previously recorded? 5. The Je to issue 1,150 shares of $2 par value common stock at $15 per share includes: a. Dr to Common Stock for $1,150 b. Dr to Common Stock for $2,300 Dr to Cash for $17,250 d. Dr to APIC for $14,950 e. Or to Common Stock for $1,150 f. Cr to Cash for $17,250 C. e
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