Nickel Inc. bought $100,000 of 3-year, 6% bonds as an investment on December 31, 2015...
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| Nickel Inc. bought $100,000 of 3-year, 6% bonds as an investment on December 31, 2015 for $106,000. Nickel uses straight-line amortization. On May 1, 2016, $20,000 of the bonds were redeemed at 114. As a result of the retirement, Nickel will report |
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