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How can calculate the amount of cash

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Point 1: Sanford Co. sells $500,000 of 10% bonds on March 1, 2020. The bonds pay interest on September 1 and March 1. The due date of the bonds is September 1, 2023. The bonds yield 12%. Give entries through December 31, 2021.

Question 1: How can calculate the amount of cash, Interest expense, discount and carry amount for september 2020. please show the calculation and explanation step step?

Reference no: EM132479189

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