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Entries for TS: Effective Interest Method Note: When answering the following questions, round answers to the nearest whole dollar. Amortization Schedule Journal Entries in Year

Entries for TS: Effective Interest Method

Note: When answering the following questions, round answers to the nearest whole dollar.

Amortization Schedule

Journal Entries in Year

1,

Journal Entries in Year

2

.

Prepare a bond amortization schedule for the life of the bonds using the effective interest method.

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