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Question
the following partial amortization schedule is available for courtney company who sold $300,000, five-year, 10% bonds on january 1, 2012 for $312,000 and uses annual straight-line amortization.
which of the following amounts should be shown in cell (iii)?
a.$6,000
b.$12,000
c.$2,400
d.$1,200
Answer
This answer is hidden. It contains 1 characters.
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