Question: how would I work this out and set this up? $ 10 10. On Jan 1, 2016 Emmaleigh sales issued $15,000 in bonds for $14.700.
$ 10 10. On Jan 1, 2016 Emmaleigh sales issued $15,000 in bonds for $14.700. They were six-year bonds with a stated rate off 97 and they pay semiannual interest. Emmaleigh sala uses the straight line method to amortize the bond discount. Immediately after the issue of the bonds, the Ledger balanus appear as follows. Discount on Bonds auable Bonds paulable 15,DDD 200 on December 31, 2017 after emmaleigh sales makes the payment to bond holders: What will be the balance in the discount account
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