The december 31 2011 balance sheet lists bonds payable 15
Question - The December 31, 2011 Balance sheet lists Bonds Payable (15%) as $70,000. $10,000 of these bonds were issued May 1, 2011; the remaining amount of bonds payable were outstanding throughout the year. Calculate interest expense.
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question - the december 31 2011 balance sheet lists bonds payable 15 as 70000 10000 of these bonds were issued may 1
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