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On December 31, 2024, when the market interest rate is 14%. Bryant Realty issues $600,000 of 11.25%, 10-year bonds payable. The bonds pay interest
On December 31, 2024, when the market interest rate is 14%. Bryant Realty issues $600,000 of 11.25%, 10-year bonds payable. The bonds pay interest semiannually. The present value of the bonds at issuance is $512,348 Requirements 1. Prepare an amortization table using the effective interest amortization method for the first two semiannual interest periods (Round to the nearest dollar) 2. Using the amortization table prepared in Requirement 1, joumalize issuance of the bonds and the first two interest payments tequirement 1. Prepare an amortization table using the effective interest amortization method for the first two semiannual interest periods. (Round to the nearest dollar.) Interest Carrying Cash Paid Expense Amortized Amount 12/31/2024 06/30/2025 12/31/2025
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