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just need question 2! a-d please! The Marshall Company issued a $100,000,8%,5 year bond for $92,278. The bond that pays interest semi-annually. The bond was
just need question 2! a-d please!
The Marshall Company issued a $100,000,8%,5 year bond for $92,278. The bond that pays interest semi-annually. The bond was issued and dated on April 1, year 1 when the market rate of interest was 10%. 1. Construct a loan amortization table for the first two interest payments. 2. Make a journal entry for thlstollowing a. The issuance of the bond on April 1, year 1. b. The first interest payment on September 1 , year 1 . c. The interest accrual on December 31 , year 1 . d. The second interest payment on March 31, year 2 Step by Step Solution
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