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Trog Industries pays and records the semiannual interest on its $500,000,10-year,6% bonds outstanding on July 1,2013.On the same date,amortization of the premium of $5,000 received on $100,000 of those bonds is recorded.Prepare the journal entries recorded by Trog Industries.
Free Rider
A term used in economics and political science to describe individuals who benefit from resources, goods, or services without paying for them or contributing to their provision.
Pledge Drives
Fundraising efforts, often conducted by public broadcasting stations, where viewers or listeners are encouraged to make donations to support the station.
Public Good
A product or service that is provided without profit for the benefit of all members of society, such as public parks, clean air, and national defense.
Free Riders
Individuals who benefit from resources, goods, or services without paying for them or contributing to their provision.
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