Presented Here Is a Partial Amortization Schedule for Rosebud Company

question 32

Multiple Choice

Presented here is a partial amortization schedule for Rosebud Company which sold $300,000 of 5-year, 10% bonds on January 1, 2020, for $318,000 and uses annual straight-line amortization. Which of the following amounts should be shown in cell (iv) ?

• A)$16,200.
• B)$10,800.
• C)$21,600.
• D)$14,400.

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