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CARVEL CORP. Bond Discount Amortization On January 1, 2018 Interest Expense Discount Amortization Semi-annual Interest Periods Interest Payment Unamortized Discount Bond Carrying Amount Jan. 1/18
CARVEL CORP. Bond Discount Amortization On January 1, 2018 Interest Expense Discount Amortization Semi-annual Interest Periods Interest Payment Unamortized Discount Bond Carrying Amount Jan. 1/18 July 1/18 $ $ $ Jan. 1/19 Brief Exercise 10-16 On January 1, 2018, Carvel Corp. issued five-year bonds with a face value of $520,000 and a coupon interest rate of 6%, with interest payable semi-annually. Prepare a partial bond amortization table for the first two interest payments assuming that interest is paid on July 1 and January 1 and that the bonds sold when the market interest rate was 5%. (Round answers to o decimal places, e.g. 5,255.) CARVEL CORP. Bond Premium Amortization On January 1, 2018 Interest Expense Premium Amortization Semi-annual Interest Periods Interest Payment Unamortized Premium Bond Carrying Amount Jan. 1/18 15600 July 1/18 $ $ Jan. 1/19 15600 LINK TO TEXT Prepare a partial bond amortization table for the first two interest payments assuming that interest is paid on July 1 and January 1 and that the bonds sold when the market interest rate was 6%. (Round answers to 0 decimal places, e.g. 5,275.) CARVEL CORP. Bond Amortization On January 1, 2018 Interest Payment Interest Expense Bond Carrying Amount Semi-annual Interest Periods 520,000 Jan. 1/18 July 1/18 $ Jan. 1/19
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