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What amount is debited to interest expense on june

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Question - On January 1, 2025, Commercial Equipment Sales issued $38,000 in bonds for $17,700. These are six-year bonds with a stated interest rate of 14% and pay semiannual interest on June 30 and December 31. Commercial Equipment Sales uses the straight- line method to amortize the Bond Discount. What amount is debited to Interest Expense on June 30, 2025?

Reference no: EM133127562

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