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Excercise 15-18 a-c Pharoah Company issued $275,000, 9%, 10-year bonds on January 1, 2020, for $293,452. This price resulted in an effective-interest rate of 8%

Excercise 15-18 a-c

Pharoah Company issued $275,000, 9%, 10-year bonds on January 1, 2020, for $293,452. This price resulted in an effective-interest rate of 8% on the bonds. Interest is payable annually on January 1. Pharoah uses the effective-interest method to amortize bond premium or discount.
I don't understand how to do the journal entries
image text in transcribed
S521 CALCULATOR PLATEN PRINTER VERSION BCN Exercise 15-18 - Pharoah Commons hoes 275.000, 9, 10-vur bonos on January 5, 2020, for $200,452. The price rmuted in an effective-Interest rate of so on the bonds, Interest in parable anualy on January 1, Pheront uses the active in the word remont come the fiornal entry was recent tince of the bonds. Chewind answers to decimal pole, 1.280. Ce cent dels we automatically indemed where mount du enteret. Den intent manan Date At Thies and Expiration Credit remary restart there were in 2020.eu oder we are many wamen internet Dula cour Titles and plants De

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