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Question 22 On January 1, a company issued a $50,000 face value, 8% five-year bond...

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Accounting

Question 22 On January 1, a company issued a $50,000 face value, 8% five-year bond for $46,139 that will yield 10%. Interest is payable on June 30 and December 31. What is the bond carrying amount on December 31 of the current year?

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