Question
Ball Corporation retired $380,000 face value, 10% bonds on September 30, 2019, at 101. The carrying value of the bonds on the retirement date was
Ball Corporation retired $380,000 face value, 10% bonds on September 30, 2019, at 101. The carrying value of the bonds on the retirement date was $371,500. The bonds pay annual interest and the interest payment due on September 30, 2019, has been made and recorded.
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
3rd Edition
0136070736, 978-0136070733
