A company issued 5-year 6 bonds with a par value of 97000


A company issued 5-year, 6% bonds with a par value of $97,000. The company received $94,947 for the bonds. Using the straight-line method, the amount of interest expense for the first semiannual interest period is

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Financial Accounting: A company issued 5-year 6 bonds with a par value of 97000
Reference No:- TGS01005058

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