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A Company Issued $300,000 of 20-Year,8 Percent Bonds at 96

Question 122

Multiple Choice

A company issued $300,000 of 20-year,8 percent bonds at 96.If interest is paid semiannually,the entry to record the amount of bond interest expense recorded (assuming the straight-line method of amortization) on any interest date is:


A)
A company issued $300,000 of 20-year,8 percent bonds at 96.If interest is paid semiannually,the entry to record the amount of bond interest expense recorded (assuming the straight-line method of amortization) on any interest date is: A)    B)    C)    D)
B)
A company issued $300,000 of 20-year,8 percent bonds at 96.If interest is paid semiannually,the entry to record the amount of bond interest expense recorded (assuming the straight-line method of amortization) on any interest date is: A)    B)    C)    D)
C)
A company issued $300,000 of 20-year,8 percent bonds at 96.If interest is paid semiannually,the entry to record the amount of bond interest expense recorded (assuming the straight-line method of amortization) on any interest date is: A)    B)    C)    D)
D)
A company issued $300,000 of 20-year,8 percent bonds at 96.If interest is paid semiannually,the entry to record the amount of bond interest expense recorded (assuming the straight-line method of amortization) on any interest date is: A)    B)    C)    D)

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