What the carrying value of the bond


on january 1,2005 KMR Co, issued bonds with a face value of $100000, a tern of 10 years and a stated interest rate of 6%. The bonds were issued at 95, and interest is payable each december 31. KMR uses the straight line method to amortize the bond discount. what the carrying value of the bond that would be reported on the december 31 2008 balance sheet is?

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Accounting Basics: What the carrying value of the bond
Reference No:- TGS086484

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