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4. On January 1, 2017, Brussels Enterprises issues bonds are par dated January 1, 2017, that have a par value of $3,400,000, mature in
4. On January 1, 2017, Brussels Enterprises issues bonds are par dated January 1, 2017, that have a par value of $3,400,000, mature in 4 years and pay 9% interest semiannually on June 30 and December 31. (20 POINTS) a. Prepare an Amortization Schedule for Brussels Enterprises bonds. b. Record the entry for the issuance of the bonds on January 1, 2017. c. Record the entry for the first semiannual interest payment on June 30, 2017. d. Record the entry for the second semiannual interest payment on December 31, 2017. e. Record the entry at the maturity of the bonds on December 31, 2020.
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