Interest expense for the six months ended


On January 1, 2010, Huff Co. sold $1,000,000 of its 10% bonds for $885,296 to yield 12%. Interest is payable semiannually on January 1 and July 1. What amount should Huff report as interest expense for the six months ended June 30, 2010?

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Accounting Basics: Interest expense for the six months ended
Reference No:- TGS088239

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