Determine the amount of bond issue costs


During the year, Hamlet Inc. paid $23,000 to have bond certificates printed and engraved, paid $150,000 in legal fees, paid $18,000 to a CPA for registration information, and paid $260,000 to an underwriter as a commission. What is the amount of bond issue costs?

a) $451,000.

b) $410,000.

c) $23,000.

d) $173,000

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Accounting Basics: Determine the amount of bond issue costs
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