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On January 1, 20X7, Brown Company issues 4-year, $10,000 face value zero-coupon bonds with an interest rate of 6%. If Brown uses the straight-line method
On January 1, 20X7, Brown Company issues 4-year, $10,000 face value zero-coupon bonds with an interest rate of 6%. If Brown uses the straight-line method of calculating interest, what is the reported value of the liability on December 31, 20X8
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Hospitality Management Accounting
Authors: Michael M. Coltman, Martin G. Jagels, Martin Jagels
7th Edition
0471348848, 978-0471348849
