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I need help with homework 7. Jonathan Company issued a $5,000,000, 10.3%, 3 year bond at a market rate of 10% for $5,037,302.78. Interest is

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I need help with homework

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7. Jonathan Company issued a $5,000,000, 10.3%, 3 year bond at a market rate of 10% for $5,037,302.78. Interest is paid annually. REQUIRED: A. Prepare the amortization schedule. B. Prepare the entry to issue the bond (i.e., borrow the money) for the Jonathan. C. Prepare the entry to pay the first interest payment by Jonathan. D. Prepare the entry for Jonathan to pay the balance of the bond at the end of the third year

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