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Hillside issues $1700000 of 8%, 15 yrs bomds dated jan 1,2013, that pay interest, semiannually on june 30 and december 31. the bonds are issued
Hillside issues $1700000 of 8%, 15 yrs bomds dated jan 1,2013, that pay interest, semiannually on june 30 and december 31. the bonds are issued at a price of $1468990.
a)record the issue of bonds qith per value of $1700000 cash on jan 1,2013 at an issue price of $1468990. b) for each semiannul period complete the table below to calculate the cash payment?
c) for each semiannual period complete the table below to calculate the bond interest expense
d) complete the below table to calculate the total bond interest expense to ne recognized over the bond's life
e) prapare the first two year of an amortization table using the straight line method
f) prepare the journal entries to record the first two interest payments
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