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bond accounting year of Scotiabenk ends on August axplanato suppose sootabank 38 ed a s year $17.000 bond with a stated inte est ate of
bond accounting year of Scotiabenk ends on August axplanato suppose sootabank 38 ed a s year $17.000 bond with a stated inte est ate of 5 50% t a. Issuance of the bond, payable on March 1, 2017 b. Accual of interest expense on August 31,2017 (rounded to the nearest dollar) c. Payment of cash interest on September 1, 2017 d. Payment of the bonde at maturity (give the date) of 5 50% he an et interest rate was 5 1 1/2%, Assume natthe 2 88 me at th accounting year of Scotiabank ends on August 31 Journa ze he following transactions ncluding an explanation or each en y Acrual of ino obe yodar
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