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A company issues 100 bonds with an even value of $1,000 each. Below is the partial bond amortization table: Year interest payment interest expense Amortization
A company issues 100 bonds with an even value of $1,000 each. Below is the partial bond amortization table: Year interest payment interest expense Amortization Value in books 0 $94,349 1 $11,000 -------- -------- -------- 2 11,000 11,361 361 95,032 1. These bonds were issued to. With
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