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please solve this, thank you. Exercise 10-23 (Part Level Submission) Pharoah Company issued $430,000, 8%, 15-year bonds on January 1, 2017, for $469,164. This price

please solve this, thank you.

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Exercise 10-23 (Part Level Submission) Pharoah Company issued $430,000, 8%, 15-year bonds on January 1, 2017, for $469,164. This price resulted in an effective-interest rate of 7% on the bonds. Interest is payable annually on January 1. Pharoah uses the effectiveinterest method to amortize bond premium or discount. v (a1) Prepare the schedule using effectiveinterest method to amortize bond premium or discount of Pharoah Company. (Round answers to 0 decimal places, e.g. 125.) Interest Interest to Interest Expense Premium Unamortized Bond Perlods Be Paid to Be Recorded Amortization Premlum Carrying Value Issue date $' ' $' ' $' $ ' $' 1 i i i i i ' i i 2i

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