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Lock laj. Fn Question 1 of 5 GRAPHICS View Policies Show Attempt History Current Attempt in Progress AMD RADEON On July 1, 2023, Ayayai Aggregates
Lock laj. Fn Question 1 of 5 GRAPHICS View Policies Show Attempt History Current Attempt in Progress AMD RADEON On July 1, 2023, Ayayai Aggregates Ltd. purchased 6% bonds with a maturity value of $150,000 for $155,378. The bonds provide the bondholders with a 5% yield. The bonds mature four years later, on July 1, 2027, with interest receivable June 30 and December 31 of each year. Ayayai uses the effective interest method to allocate unamortized discount or premium. The bonds are accounted for using the FV-OCI model with recycling. Ayayai has a calendar year end. The fair value of the bonds at December 31, 2023 and 2024, was $154,974 and $153,341, respectively. Assume fair value adjustments are recorded at year end only. Immediately after collecting interest on December 31, 2024, the bonds were sold for $153,341. (a) Q @ A 2 Your answer is correct. F2 11 Search W # S S F3 3 Alt -O A 5 0 6 11. D D F G ASUS VivoBook F7 & 7 F8 ER TY U H J Z XCVBN F9 2 F10 K M F11 L Alt Car IA F12 0.25/1 P Ctrl Pause 1/
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