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222

Question 45

Multiple Choice

222. Presented here is a partial amortization schedule for Roseland Company who sold $300,000, five year 10% bonds on January 1, 2014 for $312,000 and uses annual straight-line amortization. <sup> </sup>222. Presented here is a partial amortization schedule for Roseland Company who sold $300,000, five year 10% bonds on January 1, 2014 for $312,000 and uses annual straight-line amortization. Which of the following amounts should be shown in cell (v) ? A) $314,400 B) $313,200 C) $309,600 D) $310,800 Which of the following amounts should be shown in cell (v) ?


A) $314,400
B) $313,200
C) $309,600
D) $310,800

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