Marigold7215 Marigold7215
  • 21-03-2024
  • Business
contestada

Oriole Company issued $636,000 of 10%, 20-year bonds on January 1, 2020, at 103. Interest is payable semiannually on July 1 and January 1. What is the carrying amount of the bonds on July 1, 2022, after the second semiannual interest payment?
A) $636,000
B) $655,080
C) $622,080
D) $649,920

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