jasonphillips41 jasonphillips41

11-10-2022
Business

Answered

On June 1, 2019 Adelphi Corporation issued $400,000 of 6%, 5-year bonds. The bonds which were issued at 98, pay interest on January 1 and June 1. Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment. Enter as a whole number (no cents).

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