How much interest payable is reported

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Reference no: EM133971626

Problem

At December 31, 2025 bonds payable of $101992000 are outstanding. The bonds pay 12% interest every September 30 and mature in installments of $25498000 every September 30, beginning September 30, 2026. Get the instant assignment help. How much interest payable is reported on December 31, 2025?

Reference no: EM133971626

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