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On January 1, 2020. Tamarisk Company purchased 9% bonds having a maturity value of $210,000, for $227.221.68. The bonds provide the bondholders with a 7%

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On January 1, 2020. Tamarisk Company purchased 9% bonds having a maturity value of $210,000, for $227.221.68. The bonds provide the bondholders with a 7% yield. They are dated January 1,2020 , and mature January 1,2025, with interest received on January 1 of each year. Tamarisk Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. Prepare the journal entry at the date of the bond purchase. (Enter answers to 2 decimal places, eg. 2.525.25, Credit account tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts) Prepare a bond amortization schedule. (Round answers to 2 decimal places, es. 2.525.25.) Prepare the journal entry to record the interest revenue and the amortizationat December 31.2020. (Round answers to 2 decimal ploces, es. 2,525.25. Credit occount titles are outomotically indented when amount is entered. Do not indent manuolly. If no entry is required, select "No Entry' for the account titles and enter Ofor the amounts.) Prepare the journal entry to record the interest revenue and the amortization at December 31, 2021. (Round answers to 2 decimal ploces, es, 2.525.25. Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

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