220. Presented here is a partial amortization schedule for Roseland Company who sold $3000,000, five year 10% bonds on January 1, 2014 for $318,000 and uses annual straight-line amortization. Which of the following amounts should be shown in cell (iii) ?
A) $9,000.
B) $18,000.
C) $3,600.
D) $1,800.
Correct Answer:
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