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Berj Corporation issued bonds and received cash in full for the issue price. The bonds were dated and issued on January 1 , year 1
Berj Corporation issued bonds and received cash in full for the issue price. The bonds were dated and issued on January year
Interest is payable at the end of each year. The bonds mature at the end of four years. The following schedule has been partially
completed amounts in thousands:
Required:
Complete the amortization schedule. Make sure that the unamortized discountpremium equals to and the Net Liability equals
to face value of the bond in the last period. Enter your answers in thousands of dollars. Round intermediate calculations and final
answers to the nearest whole dollars. Enter all amounts as positive values.
What was the maturity amount of the bonds? Enter your answer in thousands of dollars.
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