On January 1 of the current year, the Barton Corporation issued 10% bonds with a face value of $200,000 . Thebonds are sold for $191,000 . The bonds pay interest semiannually on June 30 and December 31 and the maturitydate is December 31, five years from now. Barton records straight-line amortization of the bond discount. Thebond interest expense for the year ended December 31 is
a. $10,900
b. $18,200
c. $21,800
d. $29,000
c
You might also like to view...
An advantage of which of the following types of syndicated services is being the most flexible way of obtaining data?
A) surveys B) audit services C) media panels D) scanner volume-tracking data E) in-depth interviews
Which of the following is not a part of the questionnaire design process?
A) Specify the type of interviewing method. B) Arrange questions in proper order. C) Reproduce the questionnaire. D) Develop sampling plan.
Which of the following statements is true about monitoring?
A. It can lead to mental pressures, but health problems have not been reported. B. It improves the level of worker autonomy and respect. C. It improves workers' right to control their work environment. D. It has the potential to cause physical disorders such as carpal tunnel syndrome.
How does Apple's Intelligent Tracking Prevention (ITP) technology work?
What will be an ideal response?