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The Following Partial Amortization Schedule Is Available for Courtney Company

Question 18

Multiple Choice

The following partial amortization schedule is available for Courtney Company who sold $500,000, five-year, 10% bonds on January 1, 2014 for $520,000 and uses annual straight-line amortization. The following partial amortization schedule is available for Courtney Company who sold $500,000, five-year, 10% bonds on January 1, 2014 for $520,000 and uses annual straight-line amortization. Which of the following amounts should be shown in cell (v) ? A) $524,000 B) $522,000 C) $516,000 D) $518,000 Which of the following amounts should be shown in cell (v) ?


A) $524,000
B) $522,000
C) $516,000
D) $518,000

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