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The Following Partial Amortization Schedule Is Available for Courtney Company

Question 106

Multiple Choice

The following partial amortization schedule is available for Courtney Company who sold $750,000, five-year, 10% bonds on January 1, 2020, for $780,000 and uses annual straight-line amortization. The following partial amortization schedule is available for Courtney Company who sold $750,000, five-year, 10% bonds on January 1, 2020, for $780,000 and uses annual straight-line amortization. Which of the following amounts should be shown in cell (iii) ? A) $15,000 B) $30,000 C) $6,000 D) $3,000 Which of the following amounts should be shown in cell (iii) ?


A) $15,000
B) $30,000
C) $6,000
D) $3,000

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