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    Fundamentals of Financial Accounting
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    Exam 10: Reporting and Interpreting Liabilities
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    Use the Information Above to Answer the Following Question
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Use the Information Above to Answer the Following Question

Question 204

Question 204

Multiple Choice

Use the information above to answer the following question.What is the total amount of interest expense that will be recorded over the life of these bonds?


A) $300,000
B) $285,000
C) $315,000
D) $330,000

Correct Answer:

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