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On December 31,2018 Zugaboo corporation issues 5%, 10 year convertible bonds payable with face value of 2500000. The semi annual interest dates are June 30

On December 31,2018 Zugaboo corporation issues 5%, 10 year convertible bonds payable with face value of 2500000. The semi annual interest dates are June 30 and December 31. The market value is 10%. Zugaboo amortizes bond discounts using effective interest method. image text in transcribed
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: 13 pts : 13 pts

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