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A company issued the following semi-annual bonds: Face amount: $150,000 Coupon rate: 6% Yield: 4 % Life: 15 years C. Prepare the amortization schedule for
A company issued the following semi-annual bonds: Face amount: $150,000 Coupon rate: 6% Yield: 4 % Life: 15 years C. Prepare the amortization schedule for only the first two interest periods using the interest method. CASH INTEREST EXPENSE AMORTIZATION BOOK VALUE 91193,595 D $4500 $3,672 $828. $182,767 $4,500 $3,655 $845 $181922 .. Prepare the journal entry to record the first interest payment on the bonds using the schedule completed in part (c)
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