Basil Company issued $650,000,9%,5 - year bonds for 106 , with interest paid annually. Assuming...
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Accounting
Basil Company issued $650,000,9%,5 - year bonds for 106 , with interest paid annually. Assuming straight - line amortization, what is the carrying value of the bonds after one year? A. $708,500 B. $650,000 C. $681,200 D. $689,000
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