steigerjake1 steigerjake1
  • 26-03-2024
  • Business
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On January 1, a company issues $500,000, 5-year, 12% bonds at 95 with interest payable on January 1. What is the carrying value of the bonds at the end of the third interest period if amortization is $5,000 per year using the straight-line amortization method?

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