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The following partial amortization schedule is available for Wildhorse Co. who sold $1125000, 5-year, 10% bonds on January 1, 202 for $1170000 and uses
The following partial amortization schedule is available for Wildhorse Co. who sold $1125000, 5-year, 10% bonds on January 1, 202 for $1170000 and uses annual straight-line amortization. BOND AMORTIZATION SCHEDULE Interest Periods Interest Interest Premium to be paid expense Amortization Premium Unamortized Bond Carrying Value January 1, 2020 $45000 $1170000 January 1, 2021 (i) (ii) (iii) (iv) (v) Which of the following amounts should be shown in cell (iv)? O $49500 O $36000 O $40500 O $54000 Save for Later Attempts: 0 of 2 used Submit Answer
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