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On ] Jan, 2017, Apex Company sold 12% bonds having a maturity value of $500,000 for $ 537,910, which provides the bondholders with a 10%
On ]" Jan, 2017, Apex Company sold 12% bonds having a maturity value of $500,000 for $ 537,910, which provides the bondholders with a 10% yield The bonds are dated January " 2017. and mature January I" 2022, with interest pavable January Ist of each year. Instructions: a) Prepare the journal entry at the date of the bond issuance.com w Prepare a schedule of interest expense and bond amortization for 2017 - 2019. won... c) Prepare the journal entry to record the interest payment and the amortization for 2017 rama Prepare the journal entry to record the interest payment and the amortization foi 2019
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