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Evermaster Corporation issued 350,000 of 10% term bonds on January 1, 2015, due on January 1, 2020, with interest payable each July 1 and January
Evermaster Corporation issued 350,000 of 10% term bonds on January 1, 2015, due on January 1, 2020, with interest payable each July 1 and January 1. Investors require an effective-interest rate of 12% A) Calculate the bond proceeds B) Schedule of Bonds Discount Amortization
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Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
14th Edition
1260247821, 978-1260247824
