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Kryger [21]
4 years ago
7

On january 1, a company issues bonds dated january 1 with a par value of $360,000. the bonds mature in 5 years. the contract rat

e is 9%, and interest is paid semiannually on june 30 and december 31. the market rate is 10% and the bonds are sold for $346,096. the journal entry to record the first interest payment using straight-line amortization is:
Business
1 answer:
MaRussiya [10]4 years ago
5 0
An old fashion calculator to calculate the the number of the money and which the percentage what is was interest
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