Coldwater Inc issues $575,000 of 4%, 8-year bonds for cash To the nearest dollar, how...
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Accounting
Coldwater Inc issues $575,000 of 4%, 8-year bonds for cash To the nearest dollar, how much bond interest expense is recorded on the first interest date?
proceeds of $502,774. The market interest rate is 6%. interest paid semi-annually. how much bond interest expense is recorded on the first interest date?
a) 11500
b)15083
c)17250
d)3583
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