On January 1, 20x1, Yoga Co. issued 1,000, P4,000 face amount bonds for P3,807,852. The bonds mature on December 31, 20x3 Interest of 10% is due annually every year-end. The effective interest rate is 12%. How much is the unamortized discount on bonds payable on December 31, 20x1? a. 147,908 b. 135,206 c. 143,134

On January 1, 20x1, Yoga Co. issued 1,000, P4,000 face amount bonds for P3,807,852. The bonds mature on December 31, 20x3 Interest of 10% is due annually every year-end. The effective interest rate is 12%. How much is the unamortized discount on bonds payable on December 31, 20x1? a. 147,908 b. 135,206 c. 143,134

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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