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A corporation issued $600,000, 10%, 5-year bonds on January 1, 2013 for $648,666, which reflects an effective-interest rate of 8%. Interest is paid semiannually on January 1 and July 1. If the corporation uses the straight-line method of amortization of bond premium, the amount of bond interest expense to be recognized on July 1, 2013, is

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i got the second answer choice ... hope this helps
User Rawrex
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