O january 1 2012 hampton inc issues 3000000 of 5-year 10


On January 1, 2012, Hampton, Inc. issues $3,000,000 of 5-year, 10% bonds with interest payable on July 1 and January 1. Hampton prepares financial statements on December 31 and amortizes any discount or premium using the straight-line method.

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Finance Basics: O january 1 2012 hampton inc issues 3000000 of 5-year 10
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