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10 points) Use the amortization schedule below to answer the following questions: Paid Interest Expense Book Value 12/01/17 05/31/18 11/30/18 05/31/19 11/30/19 $92,278 92,892 93,537
10 points) Use the amortization schedule below to answer the following questions: Paid Interest Expense Book Value 12/01/17 05/31/18 11/30/18 05/31/19 11/30/19 $92,278 92,892 93,537 614 677 677 a. 94,925 Question # :Question What is the ending book value for 05/31/19 Was this bond issued at a premium or a discount? Choose the stated rate: 5%, 6%, 7%, 8%, 9%, 10% ; Choose the effective rate: 5%, 6%, 7%, 8%, 9%, Answer 10% What is the amortized amount for 05/31/18? What is the interest expense for 11/30/18? What is the balance of the bonds payable account 7 on 11/30/197
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