question archive Salt Corporation issues bonds with a face amount of $10 million and a stated interest rate of 8%
Salt Corporation issues bonds with a face amount of $10 million and a stated interest rate of 8%
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Salt Corporation issues bonds with a face amount of $10 million and a stated interest rate of 8%. The market interest rate associated with the bonds is 6% Bond issue costs are $200,000 The bond issue costs should be recognized as a
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deferred charge
period expense
reduction of the bond premium
bond discount
Option 1
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Option 2
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