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On November 1, Year 1, Bondage, Inc., issued $30,000 of 10-year, 6% bonds at 100.000. The bonds pay interest annually on November 1. Which of
On November 1, Year 1, Bondage, Inc., issued $30,000 of 10-year, 6% bonds at 100.000. The bonds pay interest annually on November 1. Which of the following will appear on Bondages balance sheet at December 31, Year 1? O Interest Payable, $150 O Interest Expense, $300 O Interest Expense, $1,800 O Bonds Payable, net, $29,700 O Interest Payable, $1,800 Interest Expense, $150 Interest Payable, $300
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