On January 1, 2018, Westside Sales issued $19,000 in bonds for $20,800. These are eight-year...
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On January 1, 2018, Westside Sales issued $19,000 in bonds for $20,800. These are eight-year bonds with a stated interest rate of 9% that pay semiannual interest. Westside Sales uses the straight line method to amortize the bond premium. After the first interest payment on June 30, 2018, what is the bond carrying amount? (Round your intermediate answers to the nearest dollar.) O A. $19,113 O B. $20,800 O C. $20,687 OD. $19,000
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