Question
December 31st 2021 sunset company issues $2,000,000 face value 5% 5 year bonds. Interest is paid semi-annually each June 30th and December 31st. the bonds
December 31st 2021 sunset company issues $2,000,000 face value 5% 5 year bonds. Interest is paid semi-annually each June 30th and December 31st. the bonds sell at the price of 96 sunset issues the straight line method of amortizing bond discount/premium. Record the 1st semi annual payment of interest in amortization of discount premium on the bonds at June 30th 2022.
December 31st 2021 sunset company issues $2,000,000 face value 5% 5 year bonds. Interest is paid semi annually each June 30th and December 31st. the bonds sell at the price of 101 sunset issues the straight line method of amortizing bond discount/premium. Record the entry when the bonds are issued.
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Rethinking Public Private Partnerships
Authors: Mervyn K. Lewis
1st Edition
1789906393, 9781789906394
