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(c) (1) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 107 selling price. MONTY CORPORATION Balance Sheet (Partial)
(c) (1) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 107 selling price. MONTY CORPORATION Balance Sheet (Partial) $ $ (2) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 99 selling price. MONTY CORPORATION Balance Sheet (Partial) $ $ Current Attempt in Progress Monty Corporation sold $2,550,000, 8%, 5-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January 1. Monty Corporation uses the straight-line method to amortize bond premium or discount. (a)
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