willlem6000 willlem6000
  • 13-12-2022
  • Business
contestada

On January 1, 2014, $2,000,000, 10-year, 10% bonds, were issued for $1,940,000. Interest is paid annually on January 1. If the issuing corporation uses the straight-line method to amortize discount on bonds payable, the monthly amortization amount is: answer choices $19,430. $5,700. $1,535. $475.

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