The bonds pay interest june 30 and december 31 what amount
On July 1 of the current year a corporation issued (sold) $1,000,000 of its 12% bonds at par. The bonds pay interest June 30 and December 31. What amount of bond interest expense should the company report on its current year income statement?
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on july 1 of the current year a corporation issued sold 1000000 of its 12 bonds at par the bonds pay interest june 30
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