corporation issued $2,700,000,10-year,77%bonds for $2,592,000 on January 1, 2019. Interest is paid semiannually on January...
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corporation issued $2,700,000,10-year,77%bonds for $2,592,000 on January 1, 2019. Interest is paid semiannually on January 1 and July 1. The corporation uses the straight-line method of amortization.Krause's fiscal year ends on December 31. The amount of discount amortization on July 1,2019,would be
A.$189,000
B.$108,000
C.$10,800
D.5400
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