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please help! also the last column is bond carrying amount! Larkspur Electronics Ltd. issued $560,000 of 15 -year, 6.5% bonds on January 1, 2025, when
please help! also the last column is bond carrying amount!
Larkspur Electronics Ltd. issued $560,000 of 15 -year, 6.5% bonds on January 1, 2025, when the market interest rate was 5.5%. The cash received at the issuance of the bond was $616,698,04. Interest is payable semi-annually on July 1 and January 1 . Larkspur has a December 31 year end. (a) Prepare a bond amortization schedule for the first four interest periods, using the effective-interest method. (Round answers to 2 decimal places, e.8. 15.75 Step by Step Solution
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