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eTextbook and Media List of Accounts Assistance Used Accumulated Other Comprehensive Loss Allowance for Doubtful Accounts Allowance to Reduce Inventory to Market Date Account Titles

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eTextbook and Media List of Accounts Assistance Used Accumulated Other Comprehensive Loss Allowance for Doubtful Accounts Allowance to Reduce Inventory to Market Date Account Titles and Explanation \begin{tabular}{ll} \hline Jan. 1, \\ 2020 & Debt investmients \\ \hline \end{tabular} Debit Credit Cash. 477069.47 eTextbook and Media List of Accounts Attempts: 1 of 3 used (b) 1/1/22 35200 28229.61 697039 1/1/23 35200 2781138 7388.62 1/1/24 35200 27368.07 7831.93 1/1/25 35200 26897.47 830253 eTextbook and Media List of Accounts Attempts: 2 of 3 used (c) List of Accounts Accumulated Other Comprehensive Loss Allowance for Doubtful Accounts Allowance to Reduce Inventory to Market Bad Debt Expense Bonds Payable Cash Call Option Common Stock Cost of Goods Sold Interest Expense Interest Receivable Interest Revenue Inventory Investment Income Loss on Impairment Loss on Sale of Investments Loss on Settlement of Call Option Loss on Settlement of Put Option No Entry Notes Payable Paid-in Capital in Excess of Par - Common Stock Put Option Recovery of Loss from Impairment Retained Earnings Revenue from Investment Sales Revenue Swap Contract Unrealized Holding Gain or Loss - Equity Unrealized Holding Gain or Loss - Income Cost of Goods Sold Prepare a bond amortization schedule. (Round answers to 2 decimal ploces, eg. 2,525.25.) Prepare the journal entry to record the interest revenue and the amortization at December 31, 2020. (Round answers to 2 decimal places, eg. 2,525.25. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) On January 1,2020 , Teal Company purchased 8% bonds having a maturity value of $440,000, for $477,069.47. The bonds provide the bondholders with a 6% yield. They are dated January 1,2020, and mature January 1,2025 , with interest received on January 1 of each year. Teal Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. (a) Prepare the journal entry at the date of the bond purchase. (Enter answers to 2 decimal places, e. . 2,525.25. Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

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