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Homework answers / question archive / Lemon Company issued $800,000, 10%, 20-year bonds on January 1, 2021, to 104

Lemon Company issued $800,000, 10%, 20-year bonds on January 1, 2021, to 104

Finance

Lemon Company issued $800,000, 10%, 20-year bonds on January 1, 2021, to 104. the 

interest is paid on a monthly basis on July 1 and January 1. LEMON uses the method of 

straight-line depreciation and calendar year

 

make the calculation using the straight line and calendar year amortisation method

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