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Interest Payments and Interest Expense for Bonds ( Straight Line ) On January 1 , 2 0 2 0 , Philips Corporation issued bonds with
Interest Payments and Interest Expense for Bonds Straight Line On January Philips Corporation issued bonds with a total face amount of $ and a stated rate of Required: Calculate the interest expense for if the bonds were sold at par. $ Calculate the interest expense for if the bonds were sold at a premium and the straightline premium amortization for is $ $ Calculate the interest expense for if the bonds were sold at a discount and the straightline discount amortization for is $ $
Interest Payments and Interest Expense for Bonds Straight Line
On January Philips Corporation issued bonds with a total face amount of $ and a stated rate of
Required:
Calculate the interest expense for if the bonds were sold at par.
$
Calculate the interest expense for if the bonds were sold at a premium and the straightline premium amortization for is $
$
Calculate the interest expense for if the bonds were sold at a discount and the straightline discount amortization for is $
$
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