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goblenonds issued at a discount and premium using business calculator PV cel XC to 5883,157. 2a. $908,561 1, 220, Fireside Corp. issued a $900,000, 5%,

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goblenonds issued at a discount and premium using business calculator PV cel XC to 5883,157. 2a. $908,561 1, 220, Fireside Corp. issued a $900,000, 5%, two-year bond. Interest is payable quarterly each Me1. November 1, and February 1. Required Part 1 a. Calculate the bond issue price assuming a market interest rate of 6% on the date of issue. b. Using the effective interest method, prepare an amortization schedule. c. Record the entry for the issuance of the bond on February 1; the adjusting entry to accrue bond interest and related amortization on March 31, 2020, Fireside Corp.'s year-end; and the payment of interest on May 1, 2020. d. Record the entry for the retirement of the shares at 101, on February 1, 2021, one year early, and after the interest payment. Part 2 a. Calculate the bond issue price assuming a market interest rate of 4.5% on the date of issue. b. Using the effective interest method, prepare an amortization schedule. c. Record the entries for the issuance of the bond on February 1; the adjusting entry to accrue bond interest related amortization on March 31, 2020, Fireside Corp's year-end; and the payment of interest on May 1,20 Help Me Problem 14-10B Recording bonds L05, 6, 7 har 31 year-end. It showed the following partial amortization sche SOLVE IT

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