Suffolk Corporation issued $92,000 of 20-year,6 percent bonds at 98 on one of its semiannual interest dates.The straight-line method of amortization is to be used.The entry to record the bond interest expense on the next interest payment date is: .

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The Answer of Suffolk Corporation issued $92,000 of 20-year,6 percent bonds at 98 on one of its semiannual interest dates.The straight-line method of amortization is to be used.The entry to record the bond interest expense on the next interest payment date is: .

Suffolk Corporation Issued $92,000 of 20-Year,6 Percent Bonds at 98