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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 manually. The present value of the bonds at unces 112.34 Requirements 1. Prepare an amortization table using the effective interest amortization method for the first beo semannual interest periods (Round to the nearest dollar) 2. Using the amorization table prepared in Requirement 1, journals issuance of the bonds and the first two interest payments
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