On January 1, 2018, Bradley Recreational Products issued $100,000, 9 % , four-year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at $96,768 to yield an annual return of 10 %. (FV of $1, PV of $1, EVA of $1, PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factots) from the tables provided.) Required: 1. Prepare an amortization schedule that determines interest at the effective interest rate. 2. Prepare an amortization schedule by the straight-line method. 3. Prepare the journal entries to record interest expens on June 30, 2020, by each of the two approaches. 5. Assuming the market rate is still 10%, what price would a second investor pay the first investor on June 30, 2020, for $10,000 of the bonds? Complete this question by entering your answers in the tabs below. t Required 3 Required 1 Required 2 Required S nces Prepare an amortization schedule that determines interest at the effective interest rate. (Enter your answers in whole dollars.) Payment Number Cash Payment Effective Interest Increase in Carrying Value Balance 2 3 4 6 7 8 0$ Totals Required 2> and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare an amortization schedule that determines interest at the effective interest rate. 2. Prepare an amortization schedule by the straight-line method. 3. Prepare the journal entries to record interest expens on June 30, 2020, by each of the two app 5. Assuming the market rate is still 10%, what price would a second investor pay the first investor o bonds? Complete this question by entering your answers in the tabs below. Required 2 Required 1 Required 3 Required 5 ces Prepare an amortization schedule by the straight-line method. Payment Cash Payment Number Increase in Recorded Interest Carrying Value Balance 1 2 3 4 6 7 8 S 0 Totals
Prev 3 of 6 Next 6A Required 5 Required 3 Required 2 Required 1 Prepare the journal entries to record interest expense on June 30, 2020, by each of the two approache transaction/event, select "No journal entry required" in the first account fleld. Enter your answers in wi View transaction list Journal entry worksheet >