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Cookie Dough Corporation issued $850,000 in 996, 10-year bonds (payable on December 31, 2028) on December 31, 2018, for $907,759. Interest is paid on June
Cookie Dough Corporation issued $850,000 in 996, 10-year bonds (payable on December 31, 2028) on December 31, 2018, for $907,759. Interest is paid on June 30 and December 31. The market rate of interest is 8%. Required: Prepare the amortization table using the effective interest rate method. For those boxes in which no entry is required, leave the box blank. If the amount is zero, enter "O". If required, round your answers to the nearest whole dollar. Cookie Dough Corporation Amortization Table
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