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A UNUI, is one in which the PEI - Accessdeck Old-Moodle English (en - C. added in the operating activities section O d. added in

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A UNUI, is one in which the PEI - Accessdeck Old-Moodle English (en - C. added in the operating activities section O d. added in the investing activities section On July 1, 2016, Cargo Corporation issues $4,000,000 of 10-year bonds dated July 1, 2016, at 100 1/2 when the market rate of interest was 8%. Cargo Corporation uses the effective-interest method of amortization. Interest is paid each June 30 and December 31. The entry to record the first semi-annual interest payment on December 31, 2016, will include a Select one: O a. credit to Premium on Bonds Payable for $320,000 o b. credit to Interest Payable for $160,000 O c. debit to Interest Expense for $160,800 O d. debit to Premium on Bonds Payable for $321,600 Prevage Corporation has 10,000 shares of $10 cumulative preferred shares hp

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