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Bonds Please answer quickly. Provide easy to follow details to the solution. 2 . Ramano Company issued $1 000,000 of 10% , 10 - year

Bonds

Please answer quickly. Provide easy to follow details to the solution.

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2 . Ramano Company issued $1 000,000 of 10% , 10 - year bonds at 96 . Assuming straight line amortization and annual interest payments , how much bond interest expense is recorded on the next interest date ? a . $100 ,000 b . $104 ,000 C . $96000 d. $102 000 3 . Ramano Company issued $1 000,000 of 10% , 10 - year bond sat 102 . Assuming straight - line amortization and annual interest payments , how much bond interest expense is recorded on the nex interest date ? a . $100, 000 b . $102 000 C . $98 , 000 d . $104, 000

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