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uses the straight line method to amortize $,000 in bonds for 534,800 . These are eightyear bonds with a stated rate of is 5 and

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uses the straight line method to amortize $,000 in bonds for 534,800 . These are eightyear bonds with a stated rate of is 5 and pay semiannuat interest. Burton We method to amortize the bond premium. immediately after the issue of the bonds, the ledger balances are as follows: After the first interest payment on june 30,2025, what is the balance of Premium on Bonds Payable? (hound your intermediate answers to the nearest doltar) dobit of 5363 dobit of 56,825 credit of 51,812 credit of 55,437

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