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On 1/1/22, P issued $500,000 of 8% bonds for $438,534, a 10%yield. Interest is payable January 1 of each year. S uses theeffective interest method.
On 1/1/22, P issued $500,000 of 8% bonds for $438,534, a 10%yield. Interest is payable January 1 of each year. S uses theeffective interest method. On 12/31/22, S purchased $350,000 of theoutstandi 2 answers
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Financial accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
IFRS Edition
9781119153726, 978-1118285909
