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Eddie Industries issues $957,000 of 8% bonds at 102. The amount of cash received from the sale is a. $1,033,560 b. $928,290 c. $957,000 d.

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Eddie Industries issues $957,000 of 8% bonds at 102. The amount of cash received from the sale is a. $1,033,560 b. $928,290 c. $957,000 d. $976,140 On January 1, 5870,000. 5 year, 10% bonds, were issued for 5647,990. Interest is paid semiannually on January 1 and July 1 If the issuing corporation uses the straight line method to amortize discount on bonds payable, the semiannual amortization amount is b. 526.100 d 6.500 On the first day of the fiscal year, a company issues a $930,000,9%, S-year bond that pays semiannual interest of $41,850 (3930,000 X9% 1/2), receiving cash of $384.177 Journalize the entry to record the issuance of the bonds If an amount box does not require an entry, leave it blank

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