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On July 1, 2017 Metlock Limited issued bonds with a face value of $1,100,000 due in 20 years, paying interest at a face rate of

On July 1, 2017 Metlock Limited issued bonds with a face value of $1,100,000 due in 20 years, paying interest at a face rate of 9% on January 1 and July 1 each year. The bonds were issued to yield 11.00%. The company?s year-end was September 30. The company used the effective interest method of amortization. is the file

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Prepare a partial Bond Premium/Discount Amortization Schedule for Metlock Limited. Only prepare the entries in the schedule for July 1, 2017, January 1, 2018, and July 1, 2018. (Round answers to 0 decimal places, e.g. 5,275.) l: Discount 5i Date Cash Paid Interest Expense Amortized Carrying Value 1JuI-17 sl l sl l sl l is l \"\"18 l l l l l l l

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