On january 1st pronghorn corp issues 3150000 5 year 12


Problem

On January 1st, Pronghorn Corp issues $3150000, 5 year, 12% bonds at 95 with interest payable on January 1. What is the carrying value of the bonds at the end of the third interest period?

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Accounting Basics: On january 1st pronghorn corp issues 3150000 5 year 12
Reference No:- TGS02677172

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