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 (ii)?

a.$32,400

b.$27,600

c.$31,200

d.$28,800

Answer

This answer is hidden. It contains 1 characters.