A company issues $90,000 of 5%,5-year bonds dated January 1 that pay interest semiannually on...
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Accounting
A company issues $ of year bonds dated January that pay interest semiannually on June and December each year. If the issuer accepts $ for the bonds, the $ premium on bonds payable will total interest expense recognized over the life of the bond. increase not affect decrease 
A company issues $ of year bonds dated January that pay interest semiannually on June
and December each year. If the issuer accepts $ for the bonds, the $ premium on bonds
payable will
total interest expense recognized over the life of the bond.
increase
not affect
decrease
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