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please help solve the blank boxes! Entries for HTM Debt Securities: Iffective interest Method of ary Aiscount or premium. Note: When answering the following questions,
please help solve the blank boxes!
Entries for HTM Debt Securities: Iffective interest Method of ary Aiscount or premium. Note: When answering the following questions, round answers to the nearest whole dollar a. Prepare a bond amortaation schedule for Year 1 and Year z uning the elfecteve interev mettod b. Record the entry for the purchase of the bonds by West Company on July 1 of Year 1 . c. Record the adjusting entry by West Company on December 31 of Year 1 . The fair value of the bonds at December 31 of Year 1 was $81,000. d. Indicate the effects of this investment on the Year 1 income statement and year-end balance sheet. Record the receipt of intecest on january 1 of Year Step by Step Solution
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