Auerbach Incorporated issued 8% bonds on October 1,2024. The bonds have a maturity date of...
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Auerbach Incorporated issued bonds on October The bonds have a maturity date of September and a face value of $ million. The bonds pay interest each March and September beginning March The effective interest rate established by the market was Assuming that Auerbach issued the bonds for $ what interest expense would it recognize in its income statement? Note: Do not round intermediate calculations. Round your final answer to nearest whole dollar.
Auerbach Incorporated issued bonds on October The bonds have a maturity date of September and a face value of $ million. The bonds pay interest each March and September beginning March The effective interest rate established by the market was
Assuming that Auerbach issued the bonds for $ what interest expense would it recognize in its income statement?
Note: Do not round intermediate calculations. Round your final answer to nearest whole dollar.
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