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Aevise your worksheet assumptions as indicated below and then answer the questions that follow: Required: Was the bond issued at a dscount or a premium?
Aevise your worksheet assumptions as indicated below and then answer the questions that follow:
Required:
Was the bond issued at a dscount or a premium?
Discount
Premlum
Complete the first four raws of the amortization schedule. Round your answers to decimal places.
Prepare the journal entries to record the issuance of the bond and the first two interest payments. If no entry is required for a
particular transactionevent select No Journal Entry Requlred" in the first account fied. Round your answers to decimal
places.
Journal entry worksheet
Record the issuance of the note for $ on Jan.
Nate: Eriter debits batare credts.
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