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Find will be recorded on january balance sheet of sabic at

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Point 1: On January 1, 2020 when the effective interest rate was 9%, SABIC. issued bonds with a maturity value of $200,000. The stated rate of interest is 9% and the bonds pay interest semiannually. SABIC. paid $2,000 in bond issue costs on this date.

Question 1: Under IFRS the bonds issue costs will be recorded on the January 1, 2020 balance sheet of SABIC at?

Reference no: EM132505240

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