Ridgewood, Inc. issues $1,000,000 face value, 8%,5-year bond on January 1,2023. Interest is paid semiannually...
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Accounting
Ridgewood, Inc. issues $ face value, year bond on January Interest is paid semiannually each June and December The bonds sell at a price of ; Ridgewood uses the straightline method of amortizing bond discount or premium.
Before payment, the net carrying value of the bond in Ridgewood's December financial statements will be rounded to the nearest thousands $:
Select one:
a $
b $
c $
d $
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