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TB TF Qu. 10-47 (Static) On January... On January 1, a company issued a $500.000, 10%, 8-year bond payable, and received proceeds of $473,800.
TB TF Qu. 10-47 (Static) On January... On January 1, a company issued a $500.000, 10%, 8-year bond payable, and received proceeds of $473,800. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The amount of discount amortized each penod is $1,637.50 True or False True False
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Cost Accounting Foundations and Evolutions
Authors: Michael R. Kinney, Cecily A. Raiborn
9th edition
9781285401072, 1111971722, 1285401077, 978-1111971724
