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-   -   Amortization of Bonds (https://www.askmehelpdesk.com/showthread.php?t=528009)

  • Nov 21, 2010, 05:31 PM
    payiahang
    Amortization of Bonds
    On January 1, Grogan Corporation issues $1,000,000, 5 year, 12% bonds at 96 with interest payable on July 1 and January 1. Assuming straight-line amortization, the carrying value of the bonds at the end of the third interest period is:
  • Sep 26, 2011, 05:47 PM
    joeanchor
    On January 1, Grogan Corporation issues $1,000,000, 5-year, 12% bonds at 96 with interest payable on July 1 and January 1. The carrying value of the bonds at the end of the third interest period is

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