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Accounting Question for CPA?
Mason Co. incurred costs of $6,600 when it issued, on August ;31, year 1, five-year debenture bonds dated April 1, year 1; What amount of bond issue expense should Mason report in its income statement for the year ended December 31, year 1?
a. 990
b 440
c. 6,600
d. 480
1 Answer
- HerrmannLv 77 years agoFavorite Answer
Do your own work. You may post your work here for a review or if you have a specific question about the problem.
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