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Need General Journal Entries too. Thanks Chapter 14 HW Saved Help Save & Exit Submit Check my work On January 1, a company purchased 6%,
Need General Journal Entries too. Thanks
Chapter 14 HW Saved Help Save & Exit Submit Check my work On January 1, a company purchased 6%, 15-year corporate bonds for $66,166,472 as an investment. The bonds have a face amount of $80 million and are priced to yield 8%. Interest is paid semiannually. Prepare a partial amortization table at the effective interest rate on June 30 and December 31. Prepare the journal entries necessary to record revenue at the effective interest rate on June 30 and December 31 0.61 points Complete this question by entering your answers in the tabs below. eBook Print General References Amort Table Journal Prepare a partial amortization table at the effective interest rate on June 30 and December 31. (Round your intermediate calculations to the nearest dollar amount. Enter your answers in whole dollars. Round final answers to the nearest whole dollar.) Cash Interest Bond Interest Discount Period-End Received Amortization Carrying Value Revenue $ 66,166,472 January 1 June 30 December 31 General Journal Amort TableStep by Step Solution
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