Business, 26.07.2019 01:30, Nathaliasmiles

On january 1, the kings corporation issued 10% bonds with a face value of $96,000. the bonds are sold for $94,080. the bonds pay interest semiannually on june 30 and december 31 and the maturity date is december 31, ten years from now. kings records straight-line amortization of the bond discount. determine the bond interest expense for the year ended december 31 of the first year is.

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On january 1, the kings corporation issued 10% bonds with a face value of $96,000. the bonds are sol...