Winrow company received proceeds of 565500 on 10-year 8


Winrow Company received proceeds of $565,500 on 10-year, 8% bonds issued on January 1, 2013. The bonds had a face value of $600,000, pay interest annually on December 31st, and have a call price of 101. Winrow uses the straight-line method of amortization. What is the amount of interest Winrow must pay the bondholders in 2013?

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Financial Accounting: Winrow company received proceeds of 565500 on 10-year 8
Reference No:- TGS01075206

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