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following amortization and interest schedule reflects the issuance of 1 0 - year bonds by Sheridan Corporation on Januarthe subsequent interest payments and charges. The

following amortization and interest schedule reflects the issuance of 10-year bonds by Sheridan Corporation on Januarthe subsequent interest payments and charges. The company's year-end is December 31, and financial statements are prepared
once yearly.
a. Indicate whether the bonds were issued at a premium or a discount.
b. Indicate whether the amortization schedule is based on the straight-line method or the effective-interest method.
c. Determine the stated interest rate and the effective-interest rate.
The stated rate
The effective rate
d. On the basis of the schedule above, prepare the journal entry to record the issuance of the bonds on January 1,2019.(If no entry is
required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount
is entered. Do not indent manually. List all debit entries before credit entries.
Account Titles and Explanati. On the basis of the schedule above, prepare the journal entry or entries tois paid cJanuary 1.) no entry is req am
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