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Kimble Electronics issued its 6 % , 2 0 - year bonds payable at a price of $ 9 5 5 , 0 0 0
Kimble Electronics issued its year bonds payable at
a price of $face value is $ The company
uses the straightline amortization method for the bond
discount or premium.
Interest expense for the first year is:
$
$
I DON'T KNOW YET
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