215. 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 (iv) ?
A) €524,000
B) €520,000
C) €516,000
D) €518,000
Correct Answer:
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