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On January 1.2015, Carter Sales issued $15,000 in bonds for $15,800 They were 8 - year bonds nth a staled rate 9% and pay semiannual

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On January 1.2015, Carter Sales issued $15,000 in bonds for $15,800 They were 8 - year bonds nth a staled rate 9% and pay semiannual interest Carter Sales uses the straight - line method to amortize the Bond Premium Immediately after issue of the bonds the ledger balances appeared as follows After the first interest payment on June 30,2015 what will be the balance in the Premium Account

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