On january 1 wok n roll inc issued 50000 worth of 8 20-year


Question - On January 1, Wok 'n' Roll, Inc. issued $50,000 worth of 8%, 20-year bonds for $52,950. What is the amount of the first year's interest payment?

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Accounting Basics: On january 1 wok n roll inc issued 50000 worth of 8 20-year
Reference No:- TGS02446546

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