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on July 1, 2019 a company issued $200,000, 8-year, 4% bonds payable for $186,944 On July 1, 2019, a company issued $200,000, 8-year, 4% bonds
on July 1, 2019 a company issued $200,000, 8-year, 4% bonds payable for $186,944 On July 1, 2019, a company issued $200,000, 8-year, 4% bonds payable for $186,944, when the market rate of interest was 5%. Interest payment dates are June 30 and December 31. Using the effective interest method of amortization, the December 31, 2019, carrying amount of the bonds (rounded to the closest dollar) will be: $186,270 $199,326 $187,618 S200,000
on July 1, 2019 a company issued $200,000, 8-year, 4% bonds payable for $186,944
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