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| Teaching Since: | May 2017 |
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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
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George Hamburgers issused 6%, 10 year bonds payable at 75 on Decemberv31,2014
1.What is the maturity value of bonds?
2. What is the carrying amount of bonds?
what is the semiannual cash interest payment on bonds?
How much interest should company record each year?
Record the June 30,2014 semiannual interest payment and amortization of the discount
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