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Crystal Glassware Company issues $1,132,000 of its 11%, 10year bonds at 95 on February 28, 2025. The bonds pay interest on February 28 and August
Crystal Glassware Company issues $1,132,000 of its 11%, 10year bonds at 95 on February 28, 2025. The bonds pay interest on February 28 and August 31. Assume that Crystal uses the straightline method for amortization. What net amount will be reported for the bonds on the August 31, 2025 balance sheet
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