Question: Saved Help Save & E On January 1, a company issued and sold a $460,000,3%, 10 year bond payable, and received proceeds of 5456,000 SUND

 Saved Help Save & E On January 1, a company issued

Saved Help Save & E On January 1, a company issued and sold a $460,000,3%, 10 year bond payable, and received proceeds of 5456,000 SUND 9 ,3%, 10 year bond payable, and received proceeds of $456,000. Interest is avable each June 30 and December 31. The company uses the straight line me amortize the discount. The carrying value of the bonds immediately after the second interest payment is $459.800. $460,000 O O O 11111 O O $456 200 O $455,800 O $456 400. Next >

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