Given the following information, compute Lemon Companys interest paid. Decrease in interest payable ....... $1,000 Bond premium

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Given the following information, compute Lemon Company’s interest paid.
Decrease in interest payable ....... $1,000
Bond premium amortization ....... 750
Bond interest expense .......... 5,000

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Intermediate Accounting

ISBN: 978-0324659139

11th edition

Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones

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