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Business, 30.10.2021 01:00, victoria6929
On January 2, Vole Co. issued bonds with a face value of $480,000 at a discount to yield 10%. The bonds pay interest semiannually. On June 30, Vole paid bond interest of $14,400. After Vole recorded amortization of the bond discount of $3,600, the bonds had a carrying amount of $363,600. What amount did Vole receive upon issuing the bonds
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On January 2, Vole Co. issued bonds with a face value of $480,000 at a discount to yield 10%. The bo...
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