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Presented Here Is a Partial Amortization Schedule for Roseland Company

question 134

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Presented here is a partial amortization schedule for Roseland Company who sold $300,000, five year 10% bonds on January 1, 2014 for $318,000 and uses annual straight-line amortization. Presented here is a partial amortization schedule for Roseland Company who sold $300,000, five year 10% bonds on January 1, 2014 for $318,000 and uses annual straight-line amortization.   Which of the following amounts should be shown in cell (iii) ? A)  $9,000. B)  $18,000. C)  $3,600. D)  $1,800. Which of the following amounts should be shown in cell (iii) ?

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