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1/17 for 104 Cash 3,442,400 Premium on bonds payable 132,400 bonds payable 3,310,000 However, the second question asks me to fill out the amortization table
1/17 for 104
Cash 3,442,400
Premium on bonds payable 132,400
bonds payable 3,310,000
However, the second question asks me to fill out the amortization table for issuance of the bonds sold at104for the first three interest payments.
My calculations are not adding up, can you explain to me how to do the calculations for the two last columns (Unamortized Premium) and (Bond Carrying Value) ?
Maybe i'm adding wrong, not to sure. Some feedback on how to calculate will be great.
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