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On May 1 of the current year, Cassandra Corporation issued $600,000 of 4% bonds payable at par (face amount) with interest payment dates of April
On May 1 of the current year, Cassandra Corporation issued $600,000 of 4% bonds payable at par (face amount) with interest payment dates of April 1 and October 1. In its balance sheet for the current year ended December 31, what amount of accrued bond interest payable should Cassandra report
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