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Prime APE ku Chapter 11 Homer CengageNoW210 eBook Show Me How Premium Amortization On the...

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Accounting

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Prime APE ku Chapter 11 Homer CengageNoW210 eBook Show Me How Premium Amortization On the first day of the fiscal year, a company issues a $8,100,000,6%, 4-year bond that pays semiannual interest of 243,000 (50,100,000 W), receiving cash of $8,390,390 Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require an entry, Merve blank Interest Expense Premium on Bonds Payable Cash 34.000

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