candlestick issued $300,000 8% 20-year bonds on January 1, 2002 when the market rate was...

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Accounting

candlestick issued $300,000 8% 20-year bonds on January 1, 2002 when the market rate was 10%. the entire issuance was redeemed on January 1, 2018. The bonds were callable at 104. Their carrying amount was $288,800 and unamortized bond issuance costs were $2,400 at the redemption date

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