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What is the bond liability that would be reported

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Problem 1: On July 1, 2021, DW Inc. Issued 300, $1,000, ten-year, 7% coupon bonds at 101. The bonds were dated July 1, 2021, and semi-annual interest will be paid each December 31 and June 30. DW uses straight-line amortization. What is the bond liability that would be reported on the statement of financial position at December 31, 2021?

Reference no: EM132808383

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