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Home Q & A Board Other Fields Homework Help Business Accounting
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applesauce234 applesauce234
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6 years ago
Wilson Corp. issued $7,000,000 of 6% bonds on April 30 at par value. The bonds were dated January 1. The company pays interest on June 30 and December 31 each year. How much will the buyer need to pay the company in accrued interest? (Round your final answer to the nearest dollar.)
A) $420,000
B) $175,000
C) $210,000
D) $140,000
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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NisaNisa
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6 years ago
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applesauce234 Author
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#2
6 years ago
Smart ... Thanks!
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