On January 1,2014 When the Effective Interest Rate Was 14%,a

question 40

Multiple Choice

On January 1,2014 when the effective interest rate was 14%,a company issued bonds with a maturity value of $1,000,000.The stated rate of interest is 12%,the bonds pay interest semi-annually and sold for $893,640.The amount of bond discount amortized on July 1,2014 is approximately

• A)$1,000.
• B)$2,555.
• C)$2,000.
• D)$5,110.

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Definitions:

Dissociative Disorders

Mental disorders that involve experiencing a disconnection and lack of continuity between thoughts, memories, surroundings, actions, and identity.

Core Sense

Fundamental awareness or innate knowledge about oneself or the environment, often referring to basic physical sensations or perceptual abilities.

Memory Loss

The inability to recall past events, information, or experiences, which can be temporary or permanent.

Dissociative Identity Disorder

A psychological disorder characterized by the presence of two or more distinct personality states that control an individual's behavior at different times.