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On Jan.1, 2020; Zee Corporation issued 5-years Bonds $600,000 par value, 5% payable annually on Dec. 31. The market interest rate 4%. Instructions: Q 1)
On Jan.1, 2020; Zee Corporation issued 5-years Bonds $600,000 par value, 5% payable annually on Dec. 31. The market interest rate 4%. Instructions: Q 1) Compute the issue price of bonds? Q 2) Prepare the amortization schedule (use excel sheet)
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Financial accounting
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
8th Edition
9780135114933, 136108865, 978-0136108863
