Record the journal entry for the sixth month interest

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Reference no: EM131970282

Problem

The adjusting journal entry on 12/31/16 assuming the straight line amortization method for the entire nine months 65% D ooo Verizon 3:51 PM Expert Q&A Done the amount of premium amortized on December 31,2016 for 9months using the straight line amortization method $200,000/5 years and in ear 1 there is 9 months. Record the journal entry for the 6th month interest payment on September 30, 2016.

Reference no: EM131970282

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