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7 Required information [The following information applies to the questions displayed below. 13 points On January 1, 2018, Splash City issues $440,000 of 9% bonds,
7 Required information [The following information applies to the questions displayed below. 13 points On January 1, 2018, Splash City issues $440,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Skipped Assuming the market interest rate on the issue date is 10%, the bonds will issue at $402,252. eBook Required: References 1. Complete the first three rows of an amortization table. Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 1/1/18 6/30/18 12/31/18
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