Carla purchased a $50,000 bond on its issue date, November 1, 2019. The bond only...
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Accounting
Carla purchased a $50,000 bond on its issue date, November 1, 2019. The bond only pays interest at maturity, October 31, 2022, at a rate of 2% compounded annually. What amount of interest must be included in income for 2019?
options:
$500
$0
$1,000
$1,500
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