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On January 1,2025 , Buncon Sales issued $15,000 in bonds for $23,800. These are eight - year bonds with a stated rate of 9% and
On January 1,2025 , Buncon Sales issued $15,000 in bonds for $23,800. These are eight - year bonds with a stated rate of 9% and pay semiarnual interest Burton Sales uses the straight - line method to amortize the bond promium. immediately afler the issue of the bonds, the ledger balances are as follows. Aher the fest interest payment on June 30, 2025, what is the balance of Premum on Bonds Payable? (Round your intermedate answers to the nearest doflar) A. credit ol $8.250 B. credt of 5125 C. detit of $9.900 D. debit of $550
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