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On January 1, 2021, Jackie Company issued 2,000 P5,000 8% five-year bonds at 90.35 when the market rate is 11%. Interest is payable every January 1 and July 1 starting 2021.
Question 1: How much is the interest expense for 2021?
Question 2: How much is the discount amortization during 2022?
Question 3: How much is the interest expense for 2023?
Question 4: How much is the discount amortization during 2024?
Question 5: How much is the unamortized discount as of July 1, 2025?
question diablo company lessee leased a machine from juniper corporation lessor on 1st january 2013. the machine has a
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Joe reported his share of partnership income of $1,700, nondeductible expenses of $55, and took a cash distribution. What is Joe's basis at the end of the year?
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