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what would it include Multiple Choice Question 231 Cullumber Company issued $5500000...

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Accounting

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Multiple Choice Question 231 Cullumber Company issued $5500000 of 6%, 10-year bonds on one of its interest dates for $4750500 to yield an effective annual rate of 8%. The effective interest method of amort is to be used. The journal entry to be recorded at the end of the second year for the payment of interest and the amortization of discount will include a CALCULATOR credit to Cash for $384043. O debit to Bond Interest Expense for 5330000. O credit to Discount on Bonds Payable for $54043 O credit to Discount on Bonds Payale for $50040. Click if you would like to show Work for this question Open Show Work Question Attempts of 1 used AT POR LATER SUBMIT ANSWER Wechager/share/assignment/test/agistide 2479541N1009 to search

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