The Amazing Widget Company Issues $500,000 of 6%, 10-Year Bonds

question 95

Multiple Choice

The Amazing Widget Company issues $500,000 of 6%, 10-year bonds at 103 on March 31, 2014. The bond pays interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. Calculate the net balance that will be reported for the bonds on the balance sheet on September 30, 2014.

• A)$500,000
• B)$515,000
• C)$514,250
• D)$515,250

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Positions of responsibility within an organization involving guiding and directing the work of others.

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The part of the human brain associated with decision making, complex cognitive behavior, and the expression of personality.

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A complex system of nerves and networks in the brain, responsible for controlling basic emotions and drives.

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