TB MC Qu. 10-65 (Static) On January 1, Year 1, Jones Company issued... On January...
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TB MC Qu. 10-65 (Static) On January 1, Year 1, Jones Company issued... On January 1, Year 1 , Jones Company issued bonds with a $200.000 face value, a stated rate of interest of 75%, and a 5y ear term to maturity. The bonds were issued at 97 . Interest is payable in cash on December 3t st of each year. The company amortizes bond discounts and premiums using the straightline method. What is the total amount of liabilities shown on Jones' balance sheet at December 31, Year 2? Multiple Cholce $191600 $194,000 $196.400 $195,200
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