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On January 1, Mertle Company issues $500,000,5-year 12% bonds at 96% with interest paid semiannually on June 30 and December 31. What is the carrying
On January 1, Mertle Company issues $500,000,5-year 12% bonds at 96% with interest paid semiannually on June 30 and December 31. What is the carrying value of Mertle Company's bonds after the June 30journal entries? $482,000 $491,000 $ 498,000 O $ 480,000 Filch & Norris Company have 100,000 shares authorized with 35,000 shares issued and 25,000 shares outstanding. On December 1, the company declares a $2 per share cash dividend to shareholders as of December 16 to be paid out on December 31. The date of declaration would be: December 16 December 1 December 32 December 31
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