The following information applies to both questions
On October 1, 2010 Bartley Corporation issued 5%, 10-year bonds with a face value of $500,000 at 108 (a 4% yield).Interest is paid on October 1 and April 1, with any premiums or discounts amortized on an effective-interest basis.
-Bond interest expense reported on the December 31, 2010 income statement of Bartley Corporation would be

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The Answer of The following information applies to both questions
On October 1, 2010 Bartley Corporation issued 5%, 10-year bonds with a face value of $500,000 at 108 (a 4% yield).Interest is paid on October 1 and April 1, with any premiums or discounts amortized on an effective-interest basis.
-Bond interest expense reported on the December 31, 2010 income statement of Bartley Corporation would be

The Following Information Applies to Both Questions