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Matthew Young Company sells 9 % bonds having a maturity value of $ 2 , 3 0 0 , 0 0 0 for $ 2
Matthew Young Company sells bonds having a maturity value of $ for $ The bonds are dated January and mature January Interest is payable annually on January
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Set up a schedule of interest expense and discount amortization under the effectiveinterest method. Round intermediate calculations to decimal places, eg and final answer to decimal places, eg
tabletableSchedule of Discount AmortizationEffectiveInterest MethodYeartableCashPaidtableInterestExpensetableDiscountAmortizedtableCarryingValue of BondstableJan$$$$Dec
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