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question in the attached image On January 1. 2014, ABC Company issued a $55000.14%. 6 year bond for $59611.11. since the effective interest rate was

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On January 1. 2014, \"ABC\" Company issued a $55000.14%. 6 year bond for $59611.11. since the effective interest rate was 12%. Interest is payable on January 1st and July 1st. \"ABC" Company uses the effectiveinterest method to amortize all premiums and discounts. Instructions: Based on the above given information, answer the following questions: 1) (2.00 Points) What is the bond's carrying value as 31/12/2014? 1) (2.00 Points} How much interest expense should be recorded on January 1st. 2015? 2) [2.00 Points) How much interest expense should be recorded on July 1st. 2015? 3) (3.00 Points) At what value should the bond payable account be presented in the non-current liability

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