214. Presented here is a partial amortization schedule for Courtney Company who sold €500,000, five year 10% bonds on January 1, 2013 for €520,000 and uses annual straight-line amortization. 
Which of the following amounts should be shown in cell (iii) ?
A) €10,000
B) €20,000
C) €4,000
D) €2,000
Correct Answer:
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