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On December 31, 2020, Cheyenne Inc rendered services to Beghun Corporation at an agreed price of $ 117,867, accepting $ 46,200 down and agreeing to

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On December 31, 2020, Cheyenne Inc rendered services to Beghun Corporation at an agreed price of $ 117,867, accepting $ 46,200 down and agreeing to accept the balance in four equal installments of $ 23,100 recelvable each December 31. An assumed interest rate of 11% is imputed. (a1) Your answer is partially correct. Prepare an amortization schedule. Assume that the effective-interest method is used for amortization purposes. (Round answers to decimal places, eg 5,275.) December 31, 2020 Schedule of Note Discount Amortization Interest Decrease Date Received Revenue Carrying Amount Cash 12/31/20 $ $ 12/31/21 23000 14483 12/31/22 23000 13536 12/31/23 23000 12483 12/31/24 23000 11316 On December 31, 2020, Cheyenne Inc rendered services to Beghun Corporation at an agreed price of $ 117,867.acceptings 46,200 down and agreeing to accept the balance in four equal installments of 5 23.100 receivable each December 31. An assumed interest rate of 11% is imputed. (21) Your answer is partially correct. Prepare an amortization schedule. Assume that the effective-Interest method is used for amortization purposes. (Round answers to decimal places, eg. 5,275) December 31, 2020 Schedule of Note Discount Amortization Decrease Carrying Carrying Amount Amount of Note Interest Revenue 131667 23000 14483 123050 23000 MONO 13536 113495 DONT 23000 12483 102569 23000 11316 91085 eTextbook and Media List of Accounts Swo for Later Attempts: 1 of 3 used SA (a2) The parts of this question must be completed in order. This part will be available when you complete the part above (b) The parts of this question must be completed in order. This part will be available when you complete the part above

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