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January 1, 2013-Financial Statements Case A (Issued at 100) Case B (At...

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Question

Accounting

January 1, 2013-Financial Statements

Case A

(Issued at 100)

Case B

(At 98)

Case C

(At 102)
Bonds Payable
Unamortized Premium (or discount)
Carrying Value

Marshalls Corporation completed a $500,000, 7 percent bond issue on January 1, 2013. The bonds pay interest each December 31 and mature 10 years from January 1, 2013.

Required:
1.

Provide the following amounts to be reported on the January 1, 2013, financial statements immediately after the bonds were issued:

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