Asked by kim

Prepare the income statement of Draper Consulting for the month ended Deceomber 31, 2012
Answered by sandy
What is the payment of interest on july 1 assuming no previous accrual of interest . on january 1 a company issued $326,000 9%, 5 year bond at face value.Intrest is payable semiannually on july 1 and january 1 what is the bond expense?