Question: on January 1 , 2 0 2 0 , Bronson Corporation issued five - year, 6 % bonds payable with a face value of $

on January 1,2020, Bronson Corporation issued five-year, 6% bonds payable with a face value of $ 2 comma 800 comma 000. The bonds were issued at 88 and pay interest on January 1 and July 1. Bronson amortizes bond discounts using the straight-line method. On December31,2022, Bronson retired the bonds early by purchasing them at a market price of 92. The company's fiscal year ends on December 31.
on January 1,2020, Bronson Corporation issued five-year, 6% bonds payable with

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