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On January 31,2024 , B Corporation issued $600,000 face value, 11% bonds for $600,000 cash. The bonds are dated December 31, 2023, and mature on
On January 31,2024 , B Corporation issued $600,000 face value, 11% bonds for $600,000 cash. The bonds are dated December 31, 2023, and mature on December 31, 2033. Interest will be paid semiannually on June 30 and December 31 . What amount of accrued interest payable should B report in its September 30, 2024, balance sheet? Multiple Choice $16,500 $33,000 $49,500 $44,000
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