Current Attempt in Progress\ Bramble Corporation issued $610,000 of 9% bonds on November...
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Accounting
Current Attempt in Progress\ Bramble Corporation issued
$610,000 of
9% bonds on November
1,2,25, for
$651,453. The bonds were dated November 1,2025 , and mature in 10 years, with interest payable each May 1 and November 1 . Bramble uses the effective-interest method with an effective rate of
8%.
Current Attempt in Progress\ Bramble Corporation issued
$610,000of
9%bonds on November
1,2,25, for
$651,453. The bonds were dated November 1,2025 , and mature in 10 years, with interest payable each May 1 and November 1 . Bramble uses the effective-interest method with an effective rate of
8%.
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