Describe the carrying value of the bonds


A paid on June 30 and December 31. The proceeds from the bonds are $4901036. Using straight line method amortization, what is the carrying value of the bonds on December 31, 2011?company issues $5000000, 7.8%, 20- year bonds to yield 8% on January 1, 2009. Interest is?

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Accounting Basics: Describe the carrying value of the bonds
Reference No:- TGS0699664

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