Amortization is determined using the straight-line method

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How do I journalize this problem: Recorded the payment of semi-annual interest on the bonds issued in (c) and the amortization of the premium for six months? The amortization is determined using the straight-line method.

c. Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semi annually

Reference no: EM13906082

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