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Required For each of the following situations, calculate the amount of bond discount or premium,...

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Accounting

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Required For each of the following situations, calculate the amount of bond discount or premium, if any. (Do not round your intermediate calculations.) a Gray Co, issued $53,000 of 6 percent bonds at 101 1/2 b. Bush, Inc. issued $89,000 of 10-year 6 percent bonds at 96 1/2 c. Oak, Inc. issued $248,000 of 20-year, 6 percent bonds at 102 d. Willow Co issued $165,000 of 15-year, 7 percent bonds at 98

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