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On January 1 , 2 0 2 5 , Culver Company purchased $ 2 8 0 , 0 0 0 , 6 % bonds of
On January Culver Company purchased $ bonds of Aguirre Co for $ The bonds were purchased to yield interest. Interest is payable semiannually on July and January The bonds mature on January Culver Company uses the effectiveinterest method to amortize discount or premium. On January Culver Company sold the bonds for $ after receiving interest to meet its liquidity needs.
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Prepare the amortization schedule for the bonds. Round answers to decimal places, eg
Schedule of Interest Revenue and Bond Discount AmortizationEffectiveInterest Method Bonds Purchased to Yield
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