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A company issues at par a $100,000 8% bond on Jan.1, 2010 which matures after 5 years. Bond issue costs are $7721.73. The bond pays
A company issues at par a $100,000 8% bond on Jan.1, 2010 which matures after 5 years. Bond issue costs are $7721.73. The bond pays interest on 7/1 and 1/1. How much interest expense will be recognized under IFRS for the six month period ending July 1, 2013?? Please show me the answer in steps
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Accounting Information Systems
Authors: Cynthia D Heagy, Constance M Lehmann
7th Edition
1111219516, 978-1111219512
