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A partial bond amortization schedule the Fence Company is given below: Premium Premium Book Date Cash Pmt Interest Amortization Balance Value 4/30/2011 2,349.30 102,349.30 10/31/2011
A partial bond amortization schedule the Fence Company is given below:
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| Premium | Premium | Book |
Date | Cash Pmt | Interest | Amortization | Balance | Value |
4/30/2011 |
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| 2,349.30 | 102,349.30 |
10/31/2011 | 3,000.00 | 2,968.13 | 31.87 | 2,317.43 | 102,317.43 |
4/30/2012 | 3,000.00 | 2,967.21 | 32.79 | 2,284.64 | 102,284.64 |
Enter the adjusting entry for accrued interest at December 31, 2011
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