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QUESTION 50 On 12/31/22, when the market interest rate is 6%, Smith Realty issues $700,000 of 6.25 %, 10 year bonds payable. The bonds
QUESTION 50 On 12/31/22, when the market interest rate is 6%, Smith Realty issues $700,000 of 6.25 %, 10 year bonds payable. The bonds pay interest semiannually. Smith Realty received $713,234 in cash at issuance. The Bond Interest Expense for the first amortization period at 06/3023 is ? 21,397 20,567 23,722 24,200
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
22nd Edition
130566616X, 978-1305666160
