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answer asap 1 The company issues $10 million in bonds on January 1, 2021, that pay interest semi-annually on June 30 and December 31. A
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1 The company issues $10 million in bonds on January 1, 2021, that pay interest semi-annually on June 30 and December 31. A portion of the bond amortization schedule appears below. Date Interest expense Interest payable Amortization Carrying Value 01/01/2021 $8,800,000 06/30/2021 $440,000 $400,000 $40,000 8.840,000 12/31/2021 442.000 400,000 42.000 8,882,000 The bonds were issued at: Cannot be determined from the given information A discount Face amount A premium Step by Step Solution
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