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On January 1, 2025, Ayayai Company purchased 100 bonds having a maturity value of $340,000 for $367,149.34. The bonds provide the bondholders with a 8%

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On January 1, 2025, Ayayai Company purchased 100 bonds having a maturity value of $340,000 for $367,149.34. The bonds provide the bondholders with a 8% yield. They are dated Jamuary 1,2025, and mature January 1, 2030, with interest received on January 1 of exch year. Ayayai Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category (a) Prepare the journal entry at the date of the bond purchase. (List debit entry before credit entry. Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is reauired, select "No Entry" for the account titles and enter O for the amounts. Round answers to 2 decimal places, e.s. 1.225.25.) Prepare a bond amortiz3ion schedule. (Round answers to 2 decimal places, e.3. 1.225.25.) On January 1, 2025, Ayayai Company purchased 100 bonds having a maturity value of $340,000 for $367,149.34. The bonds provide the bondholders with a 8% yield. They are dated Jamuary 1,2025, and mature January 1, 2030, with interest received on January 1 of exch year. Ayayai Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category (a) Prepare the journal entry at the date of the bond purchase. (List debit entry before credit entry. Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is reauired, select "No Entry" for the account titles and enter O for the amounts. Round answers to 2 decimal places, e.s. 1.225.25.) Prepare a bond amortiz3ion schedule. (Round answers to 2 decimal places, e.3. 1.225.25.)

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