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What is the dollar amount to the credit to cash

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Question - Romero issues $3,400,000 of 10%, 10-year bonds dated January 1, 2020, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $4,192,932. On the interest payment dates, what is the dollar amount to the credit to Cash?

Reference no: EM133176756

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