Question: Question 2 Presented here is a partial amortization schedule for Courtney Company who sold 750,000, five year 10% bonds on January 1, 2016 for 780,000

Question 2 Presented here is a partial amortization schedule for Courtney Company who sold 750,000, five year 10% bonds on January 1, 2016 for 780,000 and uses annual straight-line amortization. Interest Period Interest Paid BOND AMORTIZATION SCHEDULE Interest Premium Bond Carrying Expense Amortization Value 780,000 W) (iv) January 1, 2016 January 1, 2017 10 Which of the following amounts should be shown in cell (1.1)? C03,000 15,000 30,000 6,000

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