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On January 1, 2019, Chin Corporation issued $2,900 000 15% 5-year bonds. The bond interest is payable on Januar 1 and bonds was 13%. Under
On January 1, 2019, Chin Corporation issued $2,900 000 15% 5-year bonds. The bond interest is payable on Januar 1 and bonds was 13%. Under the effective-interest method, what is the interest expense for the six months ending July 1, 2019? The bonds o dor 19,600. The market teat interest or these ly OA. $233,970 O B. $217,500 O C. $202,774 O D. $188,500
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