Question: help please. Current Attempt in Progress A corporation issues $237000,8%, 5-year bonds on January 1 2020, for $246900. Interest is paid annually on January 1.

help please. help please. Current Attempt in Progress A corporation issues $237000,8%, 5-year bonds

Current Attempt in Progress A corporation issues $237000,8%, 5-year bonds on January 1 2020, for $246900. Interest is paid annually on January 1. If the corporation uses the straight-line method of amortization of bond premium, the amount of bond interest expense to be recognized in December 31, 2020's adjusting entry is O $1980. O $20940 O $18960 O $16980

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