On June 30, 2000, the market interest rate as The Bumay Enterprises sues $540,000 of 4%, 15-year bonds at 119.476 The bonds pay interest on June 30 and December 31. Bumaty amatues bonds by ore Sective method Requirements 1. Prepare a bond amortization table for the first four semi-annual interest periods 2. Recordance of the bends on June 10, 2020, the payment of interest at December 31, 2000 and the seminterest payment on June 30, 2021 Requirement 1. Prepare a terus mentation table for the test four ser armud eteres periods (Round your answer to the nearest whole dollar) Burnaby Enterprises Amortization Table D Interest Payment Interest Expense (1.8% of Premium (246 of Maturity Preceding Bond Carrying Amortisation Premium Account Bond Carrying Amount Value) Amount (AB) Balance (D-C) (6640.000) Y ri Semi Annual Interest Date June 30, 2020 Dec 31, 2020 June 30, 2021 Dec 31, 2021 June 30, 2022 On June 30, 2020, the market interest rate is 3% Burnaby Enterprises issues $540,000 of 4%, 15-year bands at 119475. The bonds pay interest on June 30 and December 31 Requirements 1. Prepare a bond amortization table for the first four semi-annual interest periods 2 Record issuance of the bonds on June 30, 2020, the payment of interest at December 31, 2000, and the semi-annual interest payment on June 30 2021 Requirement 1. Prepare a bond amortization table for the first four seni annual interest periods. (Round your answers to the nearest whole dollar.) Burnaby Enterprises Amortization Table A B D E Interest Payment Interest Expense (1.5% of Premium Semi-Annual 12% of Maturity Preceding Bond Carrying Amortization Premium Account Bond Carrying Amount Interest Date Value) Amount) (A-B) Balance (D-C) ($540,000 +D) June 30, 2020 Dec 31, 2020 June 30, 2021 ruby Enterprises ou 840,000 of 4% 15 year bonds at 119475. The bonds pay interest on June 30 and December 31, Bumaty amortizers tonds by the effective interest method put on annual interest periods 0, the payment of interest at December 31, 2020, and the servare interest payment on June 30 2021 for the first four manual interest periods. Round your answers to the nearest whole dollar) Burnaby Enterprises Amortization Table D E pense (1.5% of Premium Bond Carrying Amortization Premium Account Bond Carrying Amount mount) (A-B) Balance (D-C) (5540,000) On June 30, 2020, the market interest rates 3 Burnaby Enterprises sues $540,000 of 4 15 year bonds at 119.476 The bonds pay interest on June 30 and December 31. Bumata Requirements 1. Prepare a bond amortization table for the first four sem annual interest periods 2 Record issuance of the bonds on June 30, 2020, the payment of interest at December 31, 2020, and the semi-annual interest payment on June 30, 2021 Requirement 1. Prepare a bond amortization table for the first four semi-annual interest periods (Round your answers to the nearest whole dollar) Burnaby Enterprises Amortization Table B D Interest Payment Interest Expense (1.6% of Premium Semi-Annual 125. of Maturity Preceding Bond Carrying Amortization Premium Account Bond Carrying Amount Interest Date Value) Amount) (A-B) Balance (0-c) ($540,000 + D) June 30, 2020 Dec 31, 2020 June 30, 2021 Dec. 31. 2021 June 30, 2022
