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``E 14 - 6 ( Amortization Schedule ) SPENCER Company sells 10% bonds having a Maturity value of , OOD, 000 for EZ, 783, 724

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``E 14 - 6 ( Amortization Schedule ) SPENCER Company sells 10% bonds having a Maturity value of , OOD, 000 for EZ, 783, 724 . The bonds are dated January 1, 2015, and mature January 1. 2020. Interest is payable annually on January 1 . Instructions SET UP a schedule Of interest EXPENSE and discount amortization . ( Hint : The Effective - interest rate IIILIST DIE CONTINUTED . ]

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