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2. Prepare an amortization schedule by the straight-line method. 3. Prepare the journal entries to record interest expense on June 30, 2018, by each of
2. | Prepare an amortization schedule by the straight-line method. |
3. | Prepare the journal entries to record interest expense on June 30, 2018, by each of the two approaches. |
5. | Assuming the market rate is still 10%, what price would a second investor pay the first investor on June 30, 2018, for $18,000 of the bonds |
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