On January 1, 20x1, ABC Co. issued its 8%, ₱2,000,000 bonds. Principal is due on December 31, 20x3 but interest is payable annually on December 31. The effective interest rate is 10%. At December 31, 20x1, how much is unamortized discount on bonds payable? PV of P1 at 8% for 3n = . 79383                           PV of P1 at 10% for 3n = .75131 PV ordinary annuity at 8% for 3n =  2.57710       PV ordinary annuity at 10% for 3n = 2.48685

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Q: Select one: O True O False

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Q: None

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