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On January 1, 2020, Tableau Corporation issued 12% five year $100,000 bonds at $96,406. The market rate was 13% and the bonds pay interest semiannually.

On January 1, 2020, Tableau Corporation issued 12% five year $100,000 bonds at $96,406. The market rate was 13% and the bonds pay interest semiannually. The company uses the effective interest rate method of amortization. (10 points) Show your calculations. (A) Prepare the journal entries that Tableau Corporation made on January 1, June 30, and December 31, 2020, related to the bond issue. (Round to the nearest dollar.) (B) What is the Carrying Value of the Bond on December 31, 2020? (show your calculations to determine carrying value) (Round to the nearest dollar.)

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