8.70 Amortization Accretion - SunGard
uses the straight-line method of amortization, interest expense for the next year will be reported at a) $24,600 b) $24,000 c) $23,400 d) $19,400 3. Bonds with a face value of $200,000 were issued at 103. The entry to record the issuance will include a credit to the Bonds Payable account for a) $206,000 b) $200,000 c) $103,000 d) $230,000. 4. ................
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