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Bonds are issued on June 1 that have interest payment dates of April 1 and October...

Bonds are issued on June 1 that have interest payment dates of April 1 and October 1. Bond interest expense for the year ended December 31, 2009, is for a period of:

A. Three months.
B. Four months.
C. Six months.
D. Seven months.
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Answer #1

Bond interest expense for 2009 = (June 1 to Dec 31) = 7 Months

So answer is d) Seven months

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