On january 1 hudson corporation issues 500000 8 5-year


On January 1, Hudson Corporation issues $500,000, 8%, 5-year bonds at 106. Assuming the straight-line amortization method is used and interest is paid annually, how much bond interest expense is recorded on the next interest date?

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Accounting Basics: On january 1 hudson corporation issues 500000 8 5-year
Reference No:- TGS0915146

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