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Exercise 10-13A Determining the amount of bond premiums and discounts LO 10-4, 10-5 Required For each of the following situations, calculate the amount of bond
Exercise 10-13A Determining the amount of bond premiums and discounts LO 10-4, 10-5 Required For each of the following situations, calculate the amount of bond discount or premium, if any. (Do not round your intermediate calculations.) Answer is complete but not entirely correct. $ 1,000 Premium Gray Co. issued $66,000 of 6 percent bonds at 102 1/2 a. Bush, Inc. issued $88,000 of 10-year, 6 percent bonds at 95 1/2. Oak, Inc. issued $177,000 of 20-year, 6 percent bonds at 102 Willow Co. issued $184,000 of 15-year, 7 percent bonds at 97 S 5,000 Discount 3,000 Premium S 1,800 Discount b. C. d
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