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Exercise 94 On January 1, 2020, Martinez Corp. acunes $309,000 of Spider Products Inc.7bonds price of $293,357. The interest is payable each December 31, and

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Exercise 94 On January 1, 2020, Martinez Corp. acunes $309,000 of Spider Products Inc.7bonds price of $293,357. The interest is payable each December 31, and the band mature on December 31, 2022. The investment will provide Martinez Corp with a 95 yield, Martinez Corp, applies IFRS and accounts for this investment using the more cost model Prepare a three year bond amortization schedule. (Round answers to decimal places. 275) Schedule of Interest Income and Bond Discount Ainortiration Effective Interest Method Cash Interest bond Discount Date Received Income Amortization 01/01/20 Carrying Amt of Bonds 12/31/20 12/31/21 12/31/22 OF MEES udy the journal try to record interested and more on December 31, 2021 de auto whet. Du Intry is require selectory for the senter for the annual Date Acles and planation Debi C 2011

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