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On january 1,2018 , issued &30,000 in bonds for $25,000 . These are 8 year bonds with a stated interest rate of 12% and pay
On january 1,2018 , issued &30,000 in bonds for $25,000 . These are 8 year bonds with a stated interest rate of 12% and pay semiannual interest. Uses straight line method to amortize the bond discount. What is the bound carrying amount after the first payment on june 30, 2018?
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Financial Accounting IFRS Principles
Authors: Ilse Lubbe, Goolam Modack, Alex Watson
4th Edition
0199049238, 9780199049233
