ESPAÑOL INGLÉS FRANCÉS On July 1, 2021 ABC issued bonds dated March 1, 2021 and for their principal (maturity value) of 100,000. The contractual interest rate is equal to the effective interest rate...

ESPAÑOL<br>INGLÉS<br>FRANCÉS<br>On July 1, 2021 ABC issued bonds dated March 1, 2021 and for their<br>principal (maturity value) of 100,000. The contractual interest rate is<br>equal to the effective interest rate of 14% (there is no premium or<br>discount). On the issue date, the company recorded accrued interests<br>with a credit to the interest payable account for $4,667. The bonds<br>pay interest on March 1st and September 1st. How much will the<br>interest expense account be debited for?<br>to.<br>$2,333<br>b.<br>$9,333<br>C.<br>$7,000<br>d.<br>$4,667<br>MacBook Air<br>V.<br>

Extracted text: ESPAÑOL INGLÉS FRANCÉS On July 1, 2021 ABC issued bonds dated March 1, 2021 and for their principal (maturity value) of 100,000. The contractual interest rate is equal to the effective interest rate of 14% (there is no premium or discount). On the issue date, the company recorded accrued interests with a credit to the interest payable account for $4,667. The bonds pay interest on March 1st and September 1st. How much will the interest expense account be debited for? to. $2,333 b. $9,333 C. $7,000 d. $4,667 MacBook Air V.

Jun 08, 2022

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ESPAÑOL INGLÉS FRANCÉS On July 1, 2021 ABC issued bonds dated March 1, 2021 and for their principal (maturity value) of 100,000. The contractual interest rate is equal to the effective interest rate...

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