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On January 1, a company purchased 3%, 10 year corporate bonds for $59,685,694 as an investment. The bonds have a face amount of $65 million

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On January 1, a company purchased 3%, 10 year corporate bonds for $59,685,694 as an investment. The bonds have a face amount of $65 million and are priced to yield 4% Interest is paid semiannually Prepare a partial amortization table at the effective interest rate on June 30 and December 31 Prepare the journal entries necessary to record revenue at the effective interest rate on June 30 and December 31 Complete this question by entering your answers in the tabs below. 123:47 Amont Table General Bonal Prepare a partial amortization table at the effective interest rate on June 30 and December 31. Round your intermediate calculations to the nearest dollar amount. Enter yourses in who do Round final answers to the nearest whole Period End Cash Interest Bond Interest Received Revenue any 1 une 30 Discount Amortization Carrying Value 55685694 Complete this question by entering your answers in the tabs below. Amort Table General Journal Prepare a partial amortization table at the effective interest rate on June 30 and December 31. (Round your intermediate calculations to the nearest dollar amount. Enter your answers in whole dollars. Round final answers to the nearest whole doll Period End Cash Interest Bond Interest Received Revenue Discount Amortization Carrying Valu Jony Jan Debes 550 385 894 General Journal

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