ACC 291 WileyPLUS Week 3 Assignment Problem P10-9A

Feb 3rd, 2012
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ACC 291 WileyPLUS Week 3 Assignment Problem P10-9A Elkins Company sold $2,500,000, 8%, 10-year bonds on July 1, 2011. The bonds were dated July 1, 2011, and pay interest July 1 and January 1. Elkins Company uses the straight-line method to amortize bond premium or discount. Assume no interest is accrued on June 30.

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