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Question 30 (13 points) Listen Treehouse Inc. issued $800,000 of 5%, 10-year bonds when the market rate was 4%. They received $863,275. Interest was
Question 30 (13 points) Listen Treehouse Inc. issued $800,000 of 5%, 10-year bonds when the market rate was 4%. They received $863,275. Interest was paid semi-annually on Jan 1 and June 30. What is the carrying value on the bond at June 30 of year 3? Round your answer to the nearest whole dollar. Your Answer: Answer
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Cost Accounting Traditions and Innovations
Authors: Barfield Jesse, Raiborn Cecily, Kinney Michael
4th edition
324026455, 978-0324026450
