Wasserman Corporation issued 10-year bonds on January 1, 2013. Costs associated with the bond issuance were $160,000.
Question:
Wasserman Corporation issued 10-year bonds on January 1, 2013. Costs associated with the bond issuance were $160,000. Wasserman uses the straight-line method to amortize bond issue costs. Prepare the December 31, 2013, entry to record 2013 bond issue cost amortization.
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On December 31 2013 to record the bond issue cost amortization the fol...View the full answer
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