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How would bonds appear on the september

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Problem 1: On March 1, 19X4, Grand Junction Railroad issued $50,000 of 8%, 10-year bonds dated March 1 for $43,769. Interest is payable on March 1 and September 1. If Grand Junction uses the straight-line method of amortization, how would these bonds appear on the September 1, 19X4, balance sheet?

Reference no: EM132731258

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