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Problem 10-9A (Part Level Submission) on January 1, 2017, Lock Corporation issued s3,880,000 face value, 11%, 10-year bonds at s3,660,771.This price resulted in an effective
Problem 10-9A (Part Level Submission) on January 1, 2017, Lock Corporation issued s3,880,000 face value, 11%, 10-year bonds at s3,660,771.This price resulted in an effective interest rate of 12% on the bonds, Lock uses the effective interest method to amortize bond premium or discount. The bonds pay annual interest on January 1
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My Favorite Auditor Gave Me This Book
Authors: Funny Planner Publishing
1st Edition
1676058060, 978-1676058069
