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E 1 0 - 1 4 ( Algo ) ( Supplement 1 0 A ) Recording the Effects of a Discount Bond Issue and First
EAlgoSupplement A Recording the Effects of a Discount Bond Issue and First Interest Payment and Preparing a Discount Amortization Schedule StraightLine AmortizationLO S
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On January when the market interest rate was percent, Seton Corporation completed a $ percent bond issue for $ The bonds pay interest each December and mature in years. Seton amortizes the bond discount using the straightline method.
EAlgo Part
Prepare a bond discount amortization schedule for these bonds. Do not round intermediate calculations. Round your answers to the nearest dollar.
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