ACC 206 - Ashford -Chapter 15 week 1 E15-18 - 91081

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Chapter 15 week 1 E15-18 Columbus, Inc., issued $50,000 of 10-year, 6% bonds payable on January 1, 2006. Columbus pays interest each January 1 and July 1 and amortizes discount or premium by the straight-line method.
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a.         Issuance at par (maturity) value

b.         Issuance at a p

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