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on Jan 1, 2000, Ollie, CO. issues a series of bonds. The bonds pay no interest, but bondholders receive $200,000 at the end of each
on Jan 1, 2000, Ollie, CO. issues a series of bonds. The bonds pay no interest, but bondholders receive $200,000 at the end of each year for 5 years. The market rate at the time of issues is 6%.
a. record the issuance of bonds on January 1, 2000.
b. Create the interest amortization table related to this bond
c. record the December 31, 2000 Journal entry related to this bond
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