Solved

215

question 302

Multiple Choice

215. Presented here is a partial amortization schedule for Courtney Company who sold €500,000, five year 10% bonds on January 1, 2013 for €520,000 and uses annual straight-line amortization. <sup> </sup>215. Presented here is a partial amortization schedule for Courtney Company who sold €500,000, five year 10% bonds on January 1, 2013 for €520,000 and uses annual straight-line amortization. Which of the following amounts should be shown in cell (iv) ? A) €524,000 B) €520,000 C) €516,000 D) €518,000 Which of the following amounts should be shown in cell (iv) ?

Definitions:

Seam Welds

Continuous welds made along the seam of two materials, such as sheets or panels, to join them together.

Reference

A notation on a document pointing to additional information or to a source where further details can be found.

Plug Welds

Welds made by filling a hole in one piece of metal with molten metal to join it to an adjacent piece, often used in sheet metal applications.