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help E10-15 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium and Determining Reported Amounts LO10-5 On January 1 of this

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E10-15 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium and Determining Reported Amounts LO10-5 On January 1 of this year, Houston Company issued a bond with a face value of matures in 3 years and pays Interest every December 31. When the bond Houston uses the effective interest amortization method. V of $1. PV of from the tables provided. Round your final answers to whole dollars.) Interest was Required: 1. Complete a bond amortization schedule for all three years of the bond's life. (Enter & Dec. 31. Year Dec. 31. Year 2. What amounts will be reported me statement and balance sheet at the end of Yeart and Yow 27 December 31 Interest expense 21 Required information E10-9 (Algo) (Chapter Supplement) Recording and Reporting a Bond Issued at a Discount (without Discount Account) LO10-4 [The following information applies to the questions displayed below.) Park Corporation is planning to issue bonds with a face value of $610,000 and a coupon rate of 75 percent. The bonds mature in 6 years and pay Interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective interest amortization method and does not use a discount account. Assume an annual market rate of interest of 8.5 percent. (EV of S1, PV of $1. EVA of $1, and PVA of $1 (Use the appropriate factor(s) from the tables provided.) E10-9 Part 3 3. What bonds payable amount will Park report on its June 30 balance sheet? (Round your final answer to whole dollars.) PARK CORPORATION Balance Sheet (Partial) At June 30 Long-term abilities

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