Question
Company issued a $100,000 face value bond on January 1, 2013. The 10 year term bond was issued at 102 and had a 3% stated
Company issued a $100,000 face value bond on January 1, 2013. The 10 year term bond was issued at 102 and had a 3% stated rate of interest that is payable on December 31st of each year. What is the carrying value of the bond at the end of Year 3?
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Quality Auditing Note Book Journal Notes Checklist Questions Observations Evidence Log
Authors: Just Visualize It, The Quality Guy
1st Edition
1726688402, 978-1726688406
