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PLEASE SAVE MY LIFE HELP ME ASAP THANKS 13B. On January 1, 2018, when the market interest rate is 8%, Coleman Corporation issues $220,000 of
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13B. On January 1, 2018, when the market interest rate is 8%, Coleman Corporation issues $220,000 of 10%, five-year bonds payable. The bonds pay interest semiannually. Coleman Corporation received $237,820 in cash at issuance. Assume interest payment dates are June 30 and December 31. Prepare an effective-interest amortization method amortization table for the first two semiannual interest periods. (Round your answers to the nearest whole dollar.) Discount Carrying Cash Paid Expense Amortized Amount 01/01/2018 06/30/2018 2/31/2018Step by Step Solution
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