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On January 1 2010 the Baker Corporation issued 10 bonds w.pdf

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On January 1, 2010, the Baker Corporation issued 10% bonds with a face value of $50,000. The bonds are soid for $46,000. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is Decembor 31, 2014 Baker records straight-line amortization of the bond discount. The bond interest expenst as of June 30 th, 2010, is (HiN Recreate the joumal entry to record the interest payment and the amortization of tha bond discount) 32900 b. $400 c. $4.000 a. $2.500.

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On January 1, 2010, the Baker Corporation issued 10% bonds with a face value of $50,000. The bonds are soid for $46,000. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is Decembor 31, 2014 Baker records straight-line amortization of the bond discount. The bond interest expenst as of June 30 th, 2010, is (HiN Recreate the joumal entry to record the interest payment and the amortization of tha bond discount) 32900 b. $400 c. $4.000 a. $2.500

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