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Duval Co. issues four-year bonds with a $112,000 par value on June 1, 2015, at a price of $107,870. The annual contract rate is 9%,
Duval Co. issues four-year bonds with a $112,000 par value on June 1, 2015, at a price of $107,870. The annual contract rate is 9%, and interest is paid semiannually on November 30 and May 31
| Semiannual | Unammortized | Carrying |
| Period End | Discount | Value |
| 6/1/2015 | ||
| 11/30/2015 | ||
| 5/31/2016 | ||
| 11/30/2016 | ||
| 5/31/2017 | ||
| 1/30/2017 | ||
| 5/31/2018 | ||
| 11/30/2018 | ||
| 5/31/2019 |
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9 Keys To Successful Audits
Authors: Denise Robitaille
1st Edition
1932828680, 978-1932828689
