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On January 1, 2025, Commerce Equipment Sales issued 530.000 in bonds for $18.700. These are...

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Accounting

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On January 1, 2025, Commerce Equipment Sales issued 530.000 in bonds for $18.700. These are so-year bonds with a stated interest rate of 11%, and pay seminterest on June 30 and December 31 Commercial Equipment Sale uses the straight-ne method to amortize the Bond Discount What amount is debited to interest Expense on June 30, 2005 O A $1.650 OB $23.150 OC. $2,592 OD 5942

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