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A company has an investment in 8% bonds with a par value of $204,000 that...

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Accounting

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A company has an investment in 8% bonds with a par value of $204,000 that pays interest on October 1 and April 1. The amount of interest accrued on December 31 (the company's year-end) would be Multiple Choice $8,160 $1,360 52.720

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