1. Assume that on January 1, Comcast issues $50,000 of 3-year, 8% coupon bonds payable, yielding an effective annual interest rate of 6%. Interest is payable annually on December 31. Prepare an amortization table for the bonds for the three years.

	Interest	Coupon	Premium	Premium	Bond
	Expense	Interest	Amortization	Balance	Payable, Net
0
1
2
3
Total

2. Assume that on January 1, Xfinity issues $50,000 of 5-year, 8% coupon bonds payable, yielding an effective annual interest rate of 10%. Interest is payable annually on December 31. Prepare an amortization table for the bonds for the three years.

	Interest	Coupon	Premium	Premium	Bond
	Expense	Interest	Amortization	Balance	Payable, Net
0
1
2
3
Total