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help please, and if you can show even a little bit of work that would help me understand Presented below is a partial amortization schedule

help please, and if you can show even a little bit of work that would help me understand image text in transcribed
Presented below is a partial amortization schedule for Premium Foods: Increase in Carrying Value Period Issue Date Interest Expense Cash Paid Carrying Value $85,920 85,357 84,771 563 $4,000 4,000 $ 3.437 3,414 586 Required: 1. & 2. Record the bond issue assuming the face value of bonds payable is $79,000 and first interest payment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the bond issue. Note: Enter debits before credits Event General Journal Debit Credit

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