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A company issues $25200000,5.8%,20-year bonds to yield 6% on January 1,2019 . Interest is paid on June 30 and December 31 . The proceeds from
A company issues $25200000,5.8%,20-year bonds to yield 6% on January 1,2019 . Interest is paid on June 30 and December 31 . The proceeds from the bonds are $24617507. Using straight-line amortization, what is the carrying value of the bonds on December 31 . 2021 ? (Round answer to 0 decimal place, eg. 52.) $24704881$24670768$24713268$25051258
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
27th edition
978-1337272094, 1337272094, 978-1337514071, 1337514071, 978-1337899451
