Business
Business, 27.09.2019 01:00, kxngtj3

On january 1, 2018, splash city issues $460,000 of 8% bonds, due in 15 years, with interest payable semiannually on june 30 and december 31 each year. required: assuming the market interest rate on the issue date is 8%, the bonds will issue at $460,000. record the bond issue on january 1, 2018, and the first two semiannual interest payments on june 30, 2018, and december 31, 2018.

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On january 1, 2018, splash city issues $460,000 of 8% bonds, due in 15 years, with interest payable...

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