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how would i do this question? On January 1, 2022, Cotton C0. issued $450,000,10%, ten-year bonds at 102. Interest is payable every June 30 and
how would i do this question?
On January 1, 2022, Cotton C0. issued $450,000,10%, ten-year bonds at 102. Interest is payable every June 30 and December 31 . The straight-line method is used to record the amortization of any discount or premium. Which of the following total amounts would be part of the journal entry (ies) on June 30, 2022? Select one: a. DEBIT Interest expense $22,500 b. CAEDIT Cash $2,050 c. DEBIT Bond payable $450 d. CREDIT Bond payable $450 Step by Step Solution
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