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please fix all red boxes Buffalo Company sells 9% bonds having a maturity value of $ 1,500,000 for $ 1,337,790. The bonds are dated January
please fix all red boxes
Buffalo Company sells 9% bonds having a maturity value of $ 1,500,000 for $ 1,337,790. The bonds are dated January 1, 2020, and mature January 1, 2025. Interest is payable annually on January 1. Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to 0 decimal places, e.g. 38,548.) Schedule of Discount Amortization Straight-Line Method Cash Paid Interest Expense Discount Amortized Carrying Amount of Bonds $ $ $ 1337790 135000 160535 25535 1312255 135000 157471 22471 1289784 135000 154774 19774 1270010 135000 152401 17401 1252609 135000 150313 15313 1500000Step by Step Solution
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