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A bond issued by VatCom is $90,000 for 11% for 6 years. Interest Jan 1 and Jul 1 1. Calculate interest expense 2 . Post
A bond issued by VatCom is $90,000 for 11% for 6 years.
Interest Jan 1 and Jul 1
1. Calculate interest expense
2 . Post entry for sale of bonds
3. Post entry for interest
At premium of 106.45
At discount of 95.8
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Accounting Ethics
Authors: Ronald F. Duska, Brenda Shay Duska, Julie Anne Ragatz
2nd Edition
1405196130, 978-1405196130
